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Trump Suggests Fed Chair Nominee Is Set, Complains of Resistance to Powell's Firing
BlockBeats News, November 19th, Trump stated that he believes he has identified his pick for the next Federal Reserve chairman, while also claiming that someone is stopping him from firing the current head of the central bank, Powell. Trump told reporters: "I think I know my Fed choice." However, he did not specify who the pick is.
U.S. Treasury Secretary Benson said he has narrowed the field of contenders to current Fed governors Waller and Bowman, former Fed governor Warsh, White House National Economic Council Director Hassett, and BlackRock executive Rieder. Trump stated: "We have some that are really good names, people that like them a lot, like the concept of what they are about. They are very popular people. But we will probably stick with the majority. I will say that I haven't really been into that yet."
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