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Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

UNITED STATES, AUG 5 – Trump aims to appoint a Fed governor who supports lower interest rates, potentially shifting monetary policy amid ongoing debates over inflation and economic growth, officials said.

Summary by Reuters
U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's Board of Governors by the end of the week, and had separately narrowed the possible replacements for Fed Chair Jerome Powell to a short list of four.

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  • 53% of the sources are Center
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U.S. News broke the news in New York, United States on Tuesday, August 5, 2025.
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