Editor's PiCK

Trump: "Shortlist of 3~4 Candidates for Next Fed Chair... Nomination Possible as Early as This Summer"

Source
Suehyeon Lee

Summary

  • President Donald Trump announced that the shortlist for the next Fed Chair consists of 3 to 4 candidates.
  • President Trump has reportedly taken a negative stance toward the current Fed Chair, Jerome Powell.
  • The Wall Street Journal stated that President Trump could nominate a successor as early as this summer.

U.S. President Donald Trump announced that he has narrowed down the candidates for Jerome Powell's successor as Federal Reserve (Fed) Chair to 3 or 4 individuals.

According to Politico on the 25th (local time), Trump stated at a press conference held after the NATO summit in The Hague, Netherlands, that "the next Fed Chair will be decided from among 3 to 4 candidates" and added, "It's fortunate that Powell's term is ending soon. In my opinion, he is the worst."

In relation to this, The Wall Street Journal also reported that Trump may appoint Powell's successor as early as this summer.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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