Carney Praises Trump’s Pick to Lead Federal Reserve: ‘Fantastic Choice’

Kevin Warsh, left, then serving on the Board of Governors of the the Federal Reserve, and Mark Carney, then-governor of the Bank of Canada, leave for the midmorning break of the annual Federal Reserve conference, in Jackson, Wyo., Aug. 28, 2010. AP Photo/Reed Saxon

Prime Minister Mark Carney says he supports U.S. President Donald Trump’s choice to head the Federal Reserve.

On Jan. 30, Trump announced his nomination of former Federal Reserve official Kevin Warsh to succeed current Chair Jerome Powell, whom he has criticized for years.