Reported 1 day ago
Federal Reserve Governor Chris Waller has expressed his willingness to accept the position as head of the Fed if President Trump asks him, although he has not yet been contacted. Waller advocates for an interest rate cut amid concerns about slow economic growth and potential hiring slowdowns, while Trump has criticized current Fed Chair Jerome Powell for not lowering rates. Waller's stance on rates is said to be independent of political influence, and experts suggest appointing him could be a strategic move for Trump to increase his influence at the Fed.
Source: YAHOO