Trump says he has chosen the next seat for the launch because the problems are not persistent
Macromavens President Stephanie Pomboy joins ‘Morning Maria’ to discuss Laing Layoffs, the fallout from small business hiring strategies and why flawed payroll data is giving a false picture of job growth.
President Donald Trump said at the weekend that he will choose the next seat of the Federal Reserve, a decision that the pressures that cannot continue will continue to increase.
“I know who I’m going to pick, yes. We’ll be announcing,” Trump told reporters Sunday evening.
The prospect of decorating Powell’s career strengthens the Push Amid Trump Rift
Probable frontrunners include Trump’s top economic adviser Kevin Hassett, current Federal Reserve Board Governor Christopher Wangeli and former Board Governor Kevin Warsh.
Hasstt told “fox & brints week” over the weekend “that he would be “happy to serve” if he is flattered to bring the Chairman of the Federal Reserve Phreadman Jerome Powell.
Powell, who was nominated by Trump in 2017, is running out of office in May 2026.
White House Economic Council director Kevin Hassett is widely considered a frontrunner for the job. (Andrew Harnik/Getty Images/Getty Images)
The upcoming nomination comes as the high cost of persistence tests his economic agenda.
The Fed plays as big a role as possible by setting interest rates that influence mortgage rates, credit card rates, car loans and, ultimately, the pace of inflation.
As the holidays approach, Thanksgiving becomes a test of Trump’s economy
Trump, who campaigned on austerity and was able to ease the pressure on household finances, is now experiencing polls that doubt that promise is being delivered.
Democrats are leaning heavily on the campaign’s clinched state and local elections this fall and it’s paid off.
New York City Mayor-Elect Zohran Mamdani is set to be available at the center of his campaign for Helm America’s largest city. (Adam Gray / Bloomberg / Getty Images / Getty Images)
In states like Virginia, New York and New Jersey, where the high cost of housing and the cost of consumption receive the first economic moves of Trump – including his trade policies – Opposition to his process increases the available crisis.
The income adds new strain to homes already hit with high prices
Last week, the wife’s financial secretary Scott Besslent That said, after interviewing five people, he completed a short list and sent it to Trump.
Culture Secretary Scott Scott has been interviewing candidates for the Federal Reserve Chand Fake Since Labor Day. (Photo by Anna Moneymaker / Getty Images / Getty Images)
Bessent, who has been interviewing the candidate since Labor Day, said he wants to “look forward, not” look back at the Fed’s helm.
Since Trump’s return to the White House, Powell has become a frequent target for economic performance.
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Federal Reserve Chairman Jerome Powell has been a frequent target of the Trump administration on interest rates. (Jim Watson/AFP/Getty Images/Getty Images)
Trump has argued that the Fed has not acted aggressively enough to ease pressures on consumers.
His escalating rhetoric has increased friction between the White House and the central bank, raising questions about how much he intends to steer policy.
