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Trump is making big moves again!
In an interview with reporters, he released a bombshell announcement: the result of the appointment of the next Federal Reserve Chair will be announced soon! He also revealed that he already has a suitable candidate in mind.
Additionally, Trump stated that a good Federal Reserve Chair should lower interest rates. These remarks instantly tightened the nerves of the financial market.
There is also another matter that is drawing attention. When asked whether he would cut government contracts held by Musk, Trump replied that he is considering everything. However, he also mentioned that he has no plans to talk to Musk and hopes that Musk will succeed at Tesla. The relationship between Trump and Musk is really hard to decipher; what are they up to? We will keep following this!
