Reported about 7 hours ago
President Trump is narrowing down his choices for a replacement for Federal Reserve Chair Jerome Powell, revealing he has three or four candidates in mind. Potential nominees include Kevin Warsh, Kevin Hassett, Scott Bessent, David Malpass, and Christopher Waller. The announcement of his pick could come soon, possibly by September or October, as Trump seeks to undermine Powell's authority amid rising tensions regarding monetary policy and rate cuts that Trump advocates for. Although a White House official stated that no decisions are imminent, Trump continues to express frustrations with Powell publicly.
Source: YAHOO