Trump Announces Fed Chair Decision Soon Amid Rate Cut Calls

Trump Signals Imminent Fed Chair Announcement

President Trump has indicated that a decision regarding the next Federal Reserve chair is imminent. The announcement follows Trump's repeated calls for lower interest rates.

Key Highlights:

• Trump says decision is coming "very soon."
• He noted that a good Fed chair would lower interest rates.
• Kevin Warsh is considered a frontrunner.

Speaking to reporters, Trump emphasized the importance of a Fed chair who would lower interest rates. He also commented on Kevin Warsh, a potential candidate, noting that Warsh is “very highly thought of.”

Trump has been a vocal critic of the current Fed chair, Jerome Powell, repeatedly urging him to cut interest rates more aggressively. He recently expressed his views directly to Powell during their first face-to-face meeting.