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    <title>Trump says will announce Federal Reserve chair nominee on Friday morning</title>
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    <description>Nomination dynamics implicate board composition and procedural barriers: the incumbent&#039;s remaining term as a governor could allow continued participation on the Fed board through 2028, potentially preventing a new majority on the Board of Governors and creating tactical constraints on replacing board members. The President may either elevate an existing governor to chair or seek to replace a specific governor whose term is ending to install a new member.</description>
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