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Next Fed Chair: US President Donald Trump Says He Has Made His Choice To Lead the Federal Reserve and Will Announce It ‘Soon’

US President Donald Trump said on Sunday, November 30, that he has finalised his choice for the next Federal Reserve chair, after repeatedly signalling that he expects the new appointee to deliver interest-rate cuts. The move comes after Donald Trump long criticised current Fed chief Jerome Powell for not lowering rates quickly enough.

Next Fed Chair: US President Donald Trump Says He Has Made His Choice To Lead the Federal Reserve and Will Announce It ‘Soon’
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US President Donald Trump said on Sunday, November 30, that he has finalised his choice for the next Federal Reserve chair, after repeatedly signalling that he expects the new appointee to deliver interest-rate cuts. “I know who I am going to pick, yeah,” Donald Trump told reporters on Air Force One on his way back to Washington, DC. “I know who I am going to pick, yeah. We’ll be announcing it,” he added. The move comes after Donald Trump long criticised current Fed chief Jerome Powell for not lowering rates quickly enough and has made clear he wants a successor who will push harder for cuts. ‘Jerome Powell a Major Loser’: US President Donald Trump Escalates Attacks on Federal Reserve Chair.

Donald Trump Says He Has Decided on Next Fed Chair

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TruLY Score 3 – Believable; Needs Further Research | On a Trust Scale of 0-5 this article has scored 3 on LatestLY, this article appears believable but may need additional verification. It is based on reporting from news websites or verified journalists (The Spectator Index), but lacks supporting official confirmation. Readers are advised to treat the information as credible but continue to follow up for updates or confirmations

(The above story first appeared on LatestLY on Dec 01, 2025 07:58 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).