#NextFedChairCandidate Trump Considers Naming Next Fed Chair Early in Bid to Undermine Powell

Warsh, Hassett and Bessent are among those under consideration as Trump evaluates their commitment to cutting rates

Tap for Sound

President Trump lashed out at Federal Reserve Chair Jerome Powell, whose term runs for another 11 months, during a press conference at the NATO summit. Photo: Jonas Roosens/ANP/Zuma Press

President Trump’s exasperation over the Federal Reserve’s take-it-slow approach to cutting interest rates is prompting him to consider accelerating when he will announce his pick to succeed Chair Jerome Powell, whose term runs for another 11 months.

In recent weeks, the president has toyed with the idea of selecting and announcing Powell’s replacement by September or October, according to people familiar with the matter. One of these people said the president’s ire toward Powell could prompt an even-earlier announcement sometime this summer.

#BinanceHODLerSAHARA #Write2Earn #BinanceSquareFamily $BTC $XRP $SOL