Money and business

The potential successor of Jerome Powell .. What are the Trump options for the federal reserve?


The White House announced on Thursday that there is no imminent decision on a successor to the head of the Federal Reserve , after a report indicated that the President may take this summer. "There are no imminent decisions, even though the president has the right to change his opinion"
added: "The president has many good options for the nomination of a future president
" Powell state ends in the presidency of the US Central Bank in May 2026, and the choice of a successor for him by this summer or autumn will be closer to the usual. The newspaper is that his dissatisfaction with Powell may also push him to an early advertisement this summer. "It will be useful" The presence of a person in the federal reserve is able to reduce interest rates "a little". "Wall Street Journal" Among Trump’s potential options are the former president of the federal reserve, Kevin Wrash, Director of the National Economic Council, Kevin Haysit and Treasury Secretary Scott Bessent. The federal who was the one who nominated him for the position in 2017 "Very late" In behavior, and"foolish" Because he does not reduce interest rates. And 4.50%.

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