President Trump could name a new Fed chair as soon as later this month. The president said he’d be making a decision in the next week or two on who should replace Fed Chairman Jerome Powell. His term expires in May. On Wednesday, he criticized the Fed’s quarter-point interest rate cut as too small, saying […]
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Trump to decide on new Fed chair in next week or two
President Trump could name a new Fed chair as soon as later this month. The president said he’d be making a decision in the next week or two on who should replace Fed Chairman Jerome Powell. His term expires in May. On Wednesday, he criticized the Fed’s quarter-point interest rate cut as too small, saying he would have preferred “at least double.”