Trump's Fed Chair Expectations: Rate Cuts & Criticism
Update: 2025-12-09
Description
Former President Trump signals his expectations for a new Federal Reserve chair, emphasizing a quick interest rate cut. Kevin Hassett, a frontrunner, suggests a rate cut right now, but also warns against a six-month plan. Current Fed Chair Jerome Powell is expected to lower rates this week. Other potential candidates include Christopher Waller, Michelle Bowman, Kevin Warsh, and Rick Rieder. The selection process carries significant political and economic implications.
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