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FILE – In this July 24, 2017, file photo, President Donald Trump speaks about healthcare in the Blue Room of the White House in Washington. U.S. District Judge Vince Chhabria in San Francisco ruled Wednesday. Oct. 25, that the government does not have to immediately resume paying “Obamacare” health care subsidies that President Donald Trump cut off. (AP Photo/Alex Brandon, File)
(Copyright 2017 The Associated Press. All rights reserved.)
President Donald Trump says he’ll announce the “new head” of the Federal Reserve Thursday afternoon.
Trump says before a Cabinet meeting Wednesday: “I think you will be extremely impressed by this person.”
Trump’s leading choice to follow current chair Janet Yellen is Jerome “Jay” Powell, who up until recently was the only Republican on the Fed board.
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