- President Trump will announce his pick for the next Federal Reserve chair on Friday morning.
- Kevin Warsh, a former Fed Governor, is reportedly being considered for the role.
- Trump has publicly criticised current Fed Chair Jerome Powell, accusing him of costing the US money.

A: Hey, did you hear anything about the US news?

B: No, what's going on? It's a little quiet here in Tokyo!

A: Apparently, Trump is going to announce who’s replacing Jerome Powell!

B: Wow, really? Who is Powell?

A: He’s like, the head of the Federal Reserve. It's a big deal for the US economy.

B: So, Trump's choosing a new one? He’s saying he’ll announce it tomorrow morning.

A: Yeah! He says it will be someone well-known. Not a huge surprise, he says.

B: Interesting... I heard a rumour it might be Kevin Warsh?

A: Bloomberg News is saying the same thing! But it’s not completely confirmed yet.

B: Oh, and get this... Trump’s been really mad at Powell!

A: Seriously? What happened?

B: The Fed didn’t change interest rates as much as Trump wanted. He called Powell a “moron”!

A: A “moron”?! That’s pretty harsh! He thinks Powell's costing America a lot of money.

B: Crazy, right? It seems they're not seeing eye-to-eye.