Trump nominates his candidate to chair Fed

News Department
Author

Baku. 3 November. REPORT.AZ/ US President Donald Trump has nominated candidacy of member of the Board of Directors of Federal Reserve System (Fed) Jerome Powell for the post of president of the organization.

Report informs, the American leader told reporters about the decision in the White House Rose Garden. 

Now candidacy of Jerome Powell should be approved by the Senate.

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