Trump eyes picks for next Federal Reserve chairman
13 Articles
13 Articles
Race for the Federal Reserve: Who are Trump's nominees? - Economic Scenarios
U.S. Treasury Secretary Scott Bessent has formally announced the start of the selection process for the next Federal Reserve Chairman. The news marks the beginning of a crucial phase for monetary policy and the American economy, considering that the current Chairman, Jerome Powell , has been the target of frequent criticism from Donald Trump during both his terms in office. Although rumors have spread of a possible request for Powell's resignati…
Powers Collide Over Federal Reserve’s Future
The post Powers Collide Over Federal Reserve’s Future appeared on BitcoinEthereumNews.com. The role of Jerome Powell as the Federal Reserve Chair is encountering mounting pressure from President Trump, who has shown increasing scrutiny over the Fed’s decision to hold off on interest rate reductions since December. The end of the election period has sparked rumors about whether political influences are affecting Powell’s financial decisions. Cont…
CAMBRIDGE - It seems that US President Donald Trump is preparing to appoint the next president of the Federal Reserve ahead of schedule, in an attempt to weaken the incumbent, Jerome Powell, who has stood up to him by refusing to lower interest rates. Trump does not hide his disdain for Powell, whom he recently described as “a mentally average person” with a “low intellectual coefficient for what he does.” But Powell’s term ends in May 2026, and…
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