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BumRushDaShow

(154,215 posts) Sat Jun 7, 2025, 07:10 AM Saturday

Trump says decision on Fed chair will be out soon [View all]

Source: Reuters

June 6, 2025 7:12 PM EDT Updated 12 hours ago

WASHINGTON, June 6 (Reuters) - President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates.

"It's coming out very soon," Trump told reporters on Air Force One.

When asked specifically about former Fed governor Kevin Warsh, Trump said, "he's very highly thought of." Warsh is considered a frontrunner to be Trump's pick to be the next Fed chair.

Earlier on Friday, Trump said the Federal Reserve should cut interest rates by a full percentage point and he reiterated his view that Chair Jerome Powell has been too slow to lower borrowing costs.

Read more: https://www.reuters.com/world/us/trump-says-decision-fed-chair-will-be-out-soon-2025-06-06/

Powell's term would be up in May 2026.

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Trump says decision on Fed chair will be out soon [View all] BumRushDaShow Saturday OP

So Trump's going to try to ram this through. bucolic_frolic Saturday #1

And what if Chair Jerome Powell refuses to leave? no_hypocrisy Saturday #2

If so, we should all signal our 1000% percent support to and for him, every which way we can. KPN Saturday #17

His newest partner in crime and new hire for the Trump Crime Syndicate. Irish_Dem Saturday #3

By weakening the dollar. gab13by13 Saturday #8

This is also the goal of China and Russia. Irish_Dem Saturday #15

Mike Lindell for the Fed! speak easy Saturday #4

Or DENVERPOPS Saturday #24

:banghead: speak easy Saturday #26

Miss Slut-Butt, DENVERPOPS Saturday #28

Exactly. speak easy Saturday #29

And if a Dem wins JBTaurus83 Saturday #5

That's only if they stay in the position for the term BumRushDaShow Saturday #6

Not what's his name who the fat asshole appointed as head of the USPS. He stayed on almost another 4 years, and f'd KPN Saturday #18

"Not what's his name who the fat asshole appointed as head of the USPS" BumRushDaShow Saturday #20

You are developing DENVERPOPS Saturday #25

Why can't Krasnov fire Powell? gab13by13 Saturday #7

This message was self-deleted by its author LudwigPastorius Saturday #30

Think I am overboard about Crypto? gab13by13 Saturday #9

It's about protecting Stable Coins that are pegged to currencies like $ JCMach1 Saturday #22

Trump didn't care that Powell barely lowered interest rates in Biden's last year Bengus81 Saturday #10

It is all about weakening the dollar and strengthening Crypto. gab13by13 Saturday #11

Trump hasn't totally wrecked the economy yet. JohnnyRingo Saturday #12

The stock market is booming gab13by13 Saturday #14

Firing Powell could cause a stock market crash Tennessee Hillbilly Saturday #13

It's nothing but an illusory band-aid for a 12 guage shotgun gunshot wound to the gut of the country. Tarzanrock Saturday #16

Markets will tank if he tries to illegally force Powell out. He's a moron. nt 617Blue Saturday #19

While the chairman is important remember all of the board members vote jgmiller Saturday #21

He's likely going to appoint someone D. Spaulding Saturday #23

Ok, let's just assume AnnaLee Saturday #27