US EditionTrump’s Pick for Fed’s Top Regulator Expected to Be Friendly to Wall Street
- On June 6, 2025, President Donald Trump stated that a choice regarding the forthcoming chairperson of the Federal Reserve is expected to be finalized shortly.
- Trump has intensified efforts to persuade the Federal Reserve to implement significant interest rate reductions, claiming that such cuts would enhance the U.S. Economy’s expansion and improve its competitiveness against other nations that have also lowered their rates.
- The Fed has kept its benchmark rate steady at 4.25%–4.5% since December 2024 after three cuts since June 2024, citing inflation uncertainty and trade policy effects.
- Trump criticized Chair Jerome Powell as “too slow” and demanded a full percentage point rate cut, a move not seen since March 2020 during COVID-19.
- The Fed maintains independence and balances inflation risks with growth, while markets see only a small chance of rate cuts before July 2025.
18 Articles
18 Articles
Trump’s pick for Fed’s top regulator expected to be friendly to Wall Street
A red baseball cap sits above Michelle Bowman’s filing cabinet in her office at the U.S. Federal Reserve in Washington. It’s emblazoned with the words “make community banks great again.” The TV in her office is tuned to Fox News, and the self-described workaholic has a sticky note on her door asking visitors to knock loudly because the door is heavy. Read more...
Trump, the Federal Reserve, and the Battle Over Interest Rates: What’s Happening and Why It Matters
(Analysis) On Friday, June 6, U.S. President Donald Trump announced that a decision on the next chair of the Federal Reserve will be made soon, emphasizing that a strong Fed leader would lower interest rates. Since returning to the White House, President Donald Trump has reignited a public and political campaign to pressure the U.S. […]
Colorado Springs Gazette
Trump says decision on Fed chair will be out soon
WASHINGTON (Reuters) -President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates.
US President Donald Trump said he would soon announce the next chairman of the US Federal Reserve (Fed), and revealed that he currently highly rates candidate Kevin Warsh.
Coverage Details
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
