$TRUMP Trump Announce New Fed Chair To Be Announced Soon, Fears Disloyalty Post Appointment

At the Davos World Economic Forum, President Trump shared candid views on the future of the Federal Reserve, expressing skepticism about the loyalty of officials once they assume power.

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🔸 Trump confirmed he would announce the new Fed Chair soon, stating explicitly that the nominee will be a man. The current shortlist includes heavyweights: Kevin Hassett, Chris Waller, Kevin Warsh, and Rick Reid.

🔸 Although candidates interview exceptionally well, Trump worries their stance shifts immediately after taking office, labeling this as disloyalty. He criticized current Chair Powell for being too slow in adjusting interest rates, acting against the White House expectations.

🔸 Trump hopes the successor will do a good job, implying that monetary policy management needs to be more agile and decisive, avoiding the sluggishness of the previous term.

If the new Fed Chair is absolutely loyal to Trump views, will the Central Bank independence be compromised, and how will the market react to a politically aligned Fed?

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