President Donald Trump has chosen former Federal Reserve Board Governor Kevin Warsh as the next chair of the central bank. “On top of everything else, he is ‘central casting,’ and he will never let you down.”The president has previously said that he expects the next Fed chair to lower interest rates. Warsh will succeed current chair Jerome Powell, who is serving until May, when his term expires. Trump was reportedly choosing between Warsh, Fed Governor Chris Waller, BlackRock Chief Investment Officer of Global Fixed Income Rick Rieder, and National Economic Council Director Kevin Hassett. He told Fox Business’ “Kudlow” program in July that he had “some sympathy” for Trump being frustrated with how Powell is handling interest rates.