News list for " Chairperson of the Reserve"
Hassett: Trump wants the Federal Reserve chairperson to make an independent judgment, and Trump is seeking a data-dependent candidate among the Fed chair candidates.
According to CNBC: White House National Economic Council Director Hassett's candidacy for Federal Reserve chair has encountered some opposition in circles close to Trump. Some people are concerned that Hassett is too close to the president.
President Donald Trump said on Tuesday that he would meet "several" candidates to replace Jerome Powell as chairperson of the Federal Reserve. "I'm going to be looking at a couple of different people, but I already know exactly who I want," Mr. Trump told reporters aboard Air Force One en route to an event in Pennsylvania.
The dollar fell after Trump aggressively suggested Hassett was a potential candidate for the next Federal Reserve chair, and investors turned cautious ahead of the release of U.S. jobs data. Trump said he may announce his choice for Fed chair early next year and is considering Hassett, who is expected to favor lower interest rates. The ADP private jobs report is scheduled to be released tonight. Due to the government shutdown, there will be no more official jobs data before the Federal Reserve d...
Nick Timiraos, the Fed mouthpiece, said the Trump administration had cancelled a series of interviews scheduled for this week with a group of candidates for Fed chairpersonship, as Mr. Trump again signalled he had made a decision.
After the Bureau of Labor Statistics released a stronger-than-expected September non-farm payrolls report, some Wall Street institutions raised the probability that the Federal Reserve will not cut interest rates next month. On Thursday evening local time, JPMorgan Chase followed Morgan Stanley's lead and withdrew its forecast for a 25 basis point rate cut by the Federal Reserve in December. The bank still expects the next rate cut to be...
U.S. Treasury Secretary Vincent Bescent: The next candidate for Federal Reserve Chair may be determined before Christmas.
U.S. Treasury Secretary Vincent Bescent: May determine the next Fed chair candidate before Christmas. Appreciated the Federal Reserve's 25 basis point rate cut, but was not satisfied with the wording.
"The list of candidates for Federal Reserve chairperson has been reduced to five, and we hope to submit a good list to Trump after Thanksgiving," said US Treasury Secretary Ben Bescent. (Kim 10)
The next round of interviews for the Federal Reserve chairperson is scheduled after the trip to Asia. After the next round of interviews, there will be three or four Fed candidates who will enter the field of vision of US President Trump. The only criterion for the Fed chair is to have an "open mind". After Thanksgiving, in December, we will recommend three or four candidates to Trump for interview. Trump will listen to dozens of people's opinions on the choice of Fed chair. The Fed chair needs ...
