Reported 24 days ago
Donald Trump's advisors are urging him to nominate a temporary Federal Reserve governor to fill a soon-to-be vacant seat on the central bank's board, aiming to align the role more with his preference for lower interest rates as he prepares for the upcoming chair appointment. The current Fed Governor Adriana Kugler's departure opens this opportunity before Jerome Powell's term ends, with discussions ongoing among Trump’s team regarding potential candidates, including options for either a short-term or permanent replacement.
Source: YAHOO