Trump May Name Next Fed Chair Early Amid Frustration Over Ra
AnimAtion
Updated at: 4 hours ago
{"content":"Trump May Name Next Fed Chair Early Amid Frustration Over Rate Cuts
Former President Donald Trump is reportedly considering announcing his pick for Federal Reserve chair months ahead of schedule, dissatisfied with Jerome Powell's cautious approach to interest rate cuts, according to insider sources.
Key Details:
Timeline: Potential announcement as early as summer, likely by September/October
Motivation: Trump's frustration with Fed maintaining high rates despite cooling inflation
Top Candidates:
✓ Kevin Warsh (ex-Fed governor)
✓ Larry Kudlow (NEC director)
✓ Judy Shelton (former Treasury official)
✓ David Malpass (ex-World Bank chief)
✓ Christopher Waller (current Fed governor)
Market Implications:
• Could signal more aggressive rate cuts under new leadership
• May trigger bond market volatility during transition
• Current Fed policy path (projected 1-2 cuts in 2024) may be revised
Context: Powell's term ends May 2026, but early nomination would pressure current leadership. Trump has previously called Powell "political" and threatened to replace him in 2018.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/26/663065b363234843b03850296d51d956.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}