$TRUMP Close to Picking Next Federal Reserve Chair
Here’s what you need to know in simple words:
🇺🇸 #Trump is finalizing his choice for the next Federal Reserve Chair as #JeromePowell term ends in May 2026.
❌ Scott Bessent is out — he’ll stay as Treasury Secretary.
🧠 Top contenders include Kevin Hassett and Kevin Warsh, both seen as aligned with Trump’s views.
🪑 Fed Governor Adriana Kugler just resigned, giving Trump a chance to appoint someone before the official Chair term ends.
📉 #Trump wants a Fed Chair who will cut interest rates faster, calling Powell a "stubborn mule" for keeping rates high.
📅 Announcement expected very soon — markets are watching closely.