Trump Says He Has Made His Choice to Lead the Federal Reserve
Source: Yahoo! Finance/Bloomberg
Sun, November 30, 2025 at 6:06 PM EST
President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.
I know who I am going to pick, yeah, Trump told reporters on Air Force One on his way back to Washington, without naming his choice. Well be announcing it.
Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signaled he wants a chair who will more forcefully pursue cuts. People familiar with the matter told Bloomberg News last week that White House National Economic Council Director Kevin Hassett, Trumps chief economic adviser, is seen as the likely choice to succeed Powell.
Hassett, speaking on CBS Face the Nation earlier Sunday, declined to address whether he considers himself the frontrunner to replace Fed Chair Jerome Powell and called the report a rumor. However, he cited positive market reaction to the news that Trump is seen as close to naming his pick a subtle nod to concerns that investors will see him as too close to the president.
Read more: https://finance.yahoo.com/news/fed-contender-hassett-says-market-181008043.html?guccounter=1
LilElf70
(1,263 posts)One more puppet on a string.
Blumancru
(129 posts)Gimpyknee
(1,013 posts)Javaman
(64,983 posts)twodogsbarking
(17,117 posts)anyone. People didn't even know there were so many languages. She even speaks Idiot.
LymphocyteLover
(9,172 posts)as Fed Chair... gag!
kerouac2
(1,384 posts)Bah humbug...
KS Toronado
(22,432 posts)Queso Delicioso
(174 posts)Of Monopoly fame.
3Hotdogs
(14,869 posts)And when he's finished, he can sell the saw on Ebay in Saudi Arabia.
angrychair
(11,583 posts)He is going to name himself. He will also name himself head of the FBI and eventually, home land and (frozen water).
He is a narcissist and egomaniac first and foremost and therefore believes he is the best person for the job and only competent person he knows.
His true dictator phase is about to start.
Firestorm49
(4,489 posts)Meanwhile, whats left of a teetering economy will go down in flames. Given his track record at going bankrupt over and over only confirms his complete lack of understanding of sound business principles, other than he thinks that only his money talks.
Just add this upcoming fiasco to the other destructive tendencies of an authoritarian blow hard.
mdbl
(7,944 posts)Yo_Mama_Been_Loggin
(131,632 posts)Trump knows the best people.