Trump Considers Early Appointment of New Fed Chair Amid Frustration with Powell

Reported 2 days ago

President Trump may accelerate the announcement of a new Federal Reserve chair as his dissatisfaction with current chair Jerome Powell's slow approach to rate cuts grows. Potential candidates include Treasury Secretary Scott Bessette and former Fed governor Kevin Warsh, among others. Trump’s consideration reflects efforts to influence monetary policy and investor expectations ahead of Powell’s term expiration in May.

Source: YAHOO

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