President Donald Trump has apparently decided on his pick to be the next chairman of the Federal Reserve, and will announce the nomination on Friday.The Wall StreetPresident Donald Trump has apparently decided on his pick to be the next chairman of the Federal Reserve, and will announce the nomination on Friday.The Wall Street

Trump to announce new Fed chair Friday morning

President Donald Trump has apparently decided on his pick to be the next chairman of the Federal Reserve, and will announce the nomination on Friday.

The Wall Street Journal reported Thursday that Trump planned to make the announcement in the morning, following a months-long vetting process led by Treasury Secretary Scott Bessent. The Treasury secretary is recommending Trump nominate one of four finalists: National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, current Federal Reserve Board of Governors member Christopher Waller (who Trump appointed in 2020) and former Fed board member Kevin Warsh.

Whoever Trump nominates will likely face questioning from U.S. senators over whether they will prioritize Trump's wishes in lowering interest rates or if they will listen to economists and other experts who have cautioned against lowering interest rates due to concerns about inflation. The new Fed chair will replace current Fed chair Jerome Powell, who has consistently bucked Trump's demands to lower interest rates.

Powell's tenure as chairman may end in May of this year, though his term as a member of the Fed's board of governors lasts through December 31, 2028. If Powell chooses to remain on the board, he could work to stymie Trump's push to drive down interest rates, as any official decision would require a majority of board members.

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?

The rapid progress of quantum computing is forcing the cryptocurrency industry to confront the problem that has long been treated as theoretical. Blockchains th
Share
CryptoNews2026/01/30 22:53
Slate Milk Raises $23 Million Series B Round To Bolster Protein Drink’s Rapid Growth

Slate Milk Raises $23 Million Series B Round To Bolster Protein Drink’s Rapid Growth

The post Slate Milk Raises $23 Million Series B Round To Bolster Protein Drink’s Rapid Growth appeared on BitcoinEthereumNews.com. Slate Classic Chocolate milk shake Slate A new slate of functional beverages is about to dominate the ready-to-drink shelf, ushering in a more modern era of easily incorporating more protein in our diets. Today, Slate Milk cofounders Manny Lubin and Josh Belinsky reveal the brand has raised a $23 million Series B funding round. Led by Foundership, a new fund by Yasso frozen greek yogurt cofounders Drew Harrington and Amanda Klane, the money will allow Slate to continue its momentum towards ubiquity as it hits 100,000 points of distribution across 20,000 stores nationwide by the end of 2025. Slate also reveals that it is rolling out several line extensions including a 20 gram protein Strawberry milk at Sprouts Farmers Market, a 30 gram protein Cookies & Cream milk at Target, and a 30 gram protein Salted Caramel flavor at Walmart and Albertsons banner stores. New “Ultra” 42 gram protein options in Chocolate, Vanilla and Salted Caramel will also be available in retailers across the country. “Stores where we may have just had our ready-to-drink lattes, now we’re adding our shakes, and vice versa. We’re adding new partners and executing deeper with our existing partners,” Lubin tells me. The impressive growth is due to Slate’s early entry into the high-protein product space slightly before it caught mainstream attention–ready to execute immediately once consumers craved it most. Slate’s macronutrient ratios are practically unbeatable, largely due to the utilization of ultra-filtered milk. It’s a protein drink that writes a new script about who protein drinks are for. “We’re not sons of dairy farmers. We had no milk history,” Lubin says “We’re just a couple of dudes from the burbs of Boston who like chocolate milk.” Slate cofounder Manny Lubin Slate Another Clean Slate Slate’s brand has evolved significantly in just the past six…
Share
BitcoinEthereumNews2025/09/19 03:08
The Anatomy of a Self-Made Billionaire’s Mindset: How Gurhan Kiziloz Reached a $1.7B Net Worth

The Anatomy of a Self-Made Billionaire’s Mindset: How Gurhan Kiziloz Reached a $1.7B Net Worth

There are many paths to wealth in the modern economy, but the one Gurhan Kiziloz took stands out for a simple reason: he built everything himself. By 2026, the
Share
Coinstats2026/01/30 23:07