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President said he plans to announce new Federal Reserve chair choice Friday, after criticizing incumbent Jerome Powell for not cutting interest rates more aggressively.
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President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone "known to everybody in the financial world."
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Asia-Pacific markets traded mixed after U.S. President Donald Trump said that he will announce his choice for the next Federal Reserve chair on Friday.
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President Donald Trump announced Thursday a plan to impose additional tariffs on countries that provide oil to Cuba, declaring a national security emergency.
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President Trump signed an executive order to establish a process to impose tariffs on goods from countries that sell or otherwise provide oil to Cuba. NBC News' Peter Alexander explains the details as Trump also says he will announce his pick for the next chair of the Federal Reserve on Friday.
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