Trump officially starts the process of replacing the Fed Chair – But the Treasury Secretary says “let's extend”!
President Trump is looking to change the leadership of the Federal Reserve (Fed), but the Treasury Secretary has a contrary opinion. Here are some related information on this issue :
• The process of changing the Fed leadership: President Trump has officially initiated the process of changing the Fed Chair, which could affect U.S. monetary policy.
• Opinion of the Treasury Secretary: The Treasury Secretary has suggested "let's extend", which may imply keeping the current leadership of the Fed or extending their term.