Trump Administration Eyes New Fed Chair Amid Economic Turbulence
8 Articles
8 Articles
Bessent: Trump to Focus on Fed Chair Replacement in the Fall
Trump Administration Eyes New Fed Chair Amid Economic Turbulence
The Trump administration is focusing on selecting a new Federal Reserve Chair to replace Jerome Powell. U.S. Treasury Secretary Scott Bessent mentioned potential candidates, while President Trump remains critical of Powell's interest rate policies. The administration argues that tariffs haven't significantly affected inflation or economic growth.
Powell silence on his future complicates Trump Fed chair search
As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will leave the US central bank next year.
The director of the Federal Reserve has repeatedly refused to say whether he will resign when he expires his four-year term as president in May, or whether he will remain on the board of the monetary authority. Read more
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium