Trump will nominate a temporary Federal Reserve governor to save the situation. "Which of the two Kevins" will laugh last?
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U.S. President Trump plans to nominate an interim Federal Reserve Board member in the coming days to fill the upcoming vacancy. He stated that the interim candidate will be announced in two to three days and may come from Wall Street. Trump's advisory team suggested first identifying a short-term candidate to complete the term of former board member Quarles. Trump also mentioned that former Federal Reserve board member Kevin Warsh and National Economic Council Director Kevin Hassett are the main candidates for the Federal Reserve Chair
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