TRUMP TAPS EX-FED INSIDER WARSH TO LEAD WORLD'S TOP CENTRAL BANK

President Donald Trump on Friday chose former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May, giving a frequent Fed critic a chance to put his idea of monetary policy "regime change" into practice at a moment when the White House has ​pushed for more control over the setting of interest rates.

"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. ‌On top of everything else, he is 'central casting, and he will never let you down," Trump said in announcing his latest move to put his stamp on a Fed he persistently criticizes for not caving to his demands for deep reductions in borrowing costs.

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