#TrumpVsPowel

Donald Trump Announces Upcoming Federal Reserve Chair Nomination

Former U.S. President Donald Trump recently stated that he will soon announce his pick for the next Federal Reserve Chair. He mentioned having a clear idea of who the candidate will be and emphasized that a good Fed Chair should lower interest rates.

When asked about the possibility of reducing government contracts held by Elon Musk, Trump said he would consider all options. However, he clarified that he has no intention of speaking with Musk and wished him success with Tesla.

This statement comes at a time when financial markets are closely watching the Fed's decisions, especially concerning interest rates, which directly impact the economy and investments. Any change in Fed leadership could significantly influence U.S. monetary policy and global markets.

Source: Bitget News