US EditionElizabeth Warren Warns Trump's Fed Pick Will Be A 'Puppet,' Says President's Recent Words 'Will Haunt' Any Nominee
Trump demands the next Federal Reserve chair keep rates near 3.5% and align with his views, raising concerns over Fed independence amid ongoing economic growth.
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5 Articles
Elizabeth Warren Warns Trump's Fed Pick Will Be A 'Puppet,' Says President's Recent Words 'Will Haunt' Any Nominee
Sen. Elizabeth Warren (D-Mass.) is sounding the alarm following President Donald Trump's latest comments regarding his pick for the next Chair of the Federal Reserve, after Jerome Powell retires in May 2026.
U.S. President Donald Trump has called on the next Federal Reserve leader (Fed) to be accommodative and lower interest rates if the markets "go well," while warning that anyone who disagrees with his or her theses will not be elected to head the central bank."I want the new Federal Reserve president to lower interest rates if the market goes well, not to destroy the market for no reason. [...] Anyone who disagrees with me will never be president…
US President Donald Trump stated that the new Fed Chairman must share his views, saying, "No one who doesn't agree with me can be the Fed Chairman."
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