Trump is eager to replace the Federal Reserve Chairman! He is dissatisfied with the current chairman Powell's lack of aggressiveness in cutting interest rates, and even though Powell has 11 months left in his term, Trump cannot wait.
There are reports that Trump may announce the new Federal Reserve chairman candidate as early as September, October, or even this summer. The candidates mentioned so far include Kevin Warsh, Hassett, Treasury Secretary Mnuchin, former World Bank President Malpass, and current Federal Reserve Governor Waller.
Trump's actions have significant implications! The choice of Federal Reserve Chairman is crucial, and his premature announcement could disrupt financial markets. Everyone would speculate on the new appointee's stance on interest rates, leading to market volatility. Trump's actions are aimed at stimulating the economy ahead of the election, disregarding the independence of the Federal Reserve, and forcibly pressuring for interest rate cuts, which undermines market stability and is truly reckless. #下一任美联储主席人选