Trump revealed to reporters at the White House today that he plans to nominate a new Federal Reserve Board member in the coming days. The former president said quite directly: "We have several great candidates, and we will announce them soon."

According to informed sources, there are three main competitors on the candidate list: one is a current Treasury Department official who has worked on Wall Street for many years; another is a renowned economist with a strong academic background; and the last is the president of a regional Federal Reserve Bank with extensive monetary policy experience.

The timing of this nomination is crucial, as the Federal Reserve is facing a significant decision on whether to cut interest rates. The new member's stance could influence the future direction of interest rates. The White House hopes the candidate will be both professionally competent and able to pass confirmation smoothly in the Senate. The Senate Banking Committee has already stated that once the nomination is submitted, a hearing will be scheduled as soon as possible.