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Trump names former governor Kevin Warsh as Powell’s successor for US Federal Reserve head

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KEVIN WARSH, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, US, May 8, 2017. (photo credit: REUTERS/BRENDAN MCDERMID/FILE PHOTO)
Warsh is one of the more hawkish picks among the perceived candidates, market participants said of the choice, for which they have been gaming out scenarios for months.