President Donald Trump, who is an inflation dove, announced Friday morning that he will name Kevin Warsh-whose past record is that of an inflation hawk-to succeed Jerome Powell as chairman of the Federal Reserve. Trump has been so desperate to lower interest rates that last he year contemplated firing Powell, whose views on monetary policy are fairly mainstream.
Kimberly Guilfoyle Asked to Resign as U.S. Ambassador to Greece
The White House has asked Kimberly Guilfoyle to resign as U.S. ambassador to Greece following allegations involving a Trump donor and questions about diplomatic conduct.
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