Trump's new Fed pick threatens to derail one of his biggest campaign promises: experts

Donald Trump’s selection to replace Jerome Powell as the chair of the Federal Reserve has a history that leads many observers to believe the president is not going to like what comes next after his Senate confirmation, according to the Washington Post.

Trump has prioritized lowering interest rates throughout his criticism of Powell's tenure. However, Trump also campaigned on making housing more affordable — goals that may conflict with nominee Kevin Warsh's policy priorities.

According to Post reporter Andrew Ackerman...