CCTV News, on June 6, local time, US President Trump said in an interview with reporters,The result of the appointment of the next Federal Reserve Chairman will be announced soon, and he already has a pretty clear understanding of the candidate.
On March 20, U.S. President Trump spoke before the signing of an executive order at the White House in Washington. Photo by Hu Yousong, a reporter from Xinhua News Agency
According to a previous report by Xinhua News Agency, Trump criticized Federal Reserve Chairman Powell for "playing with politics", saying that he could immediately let Powell leave. April 16, Powell said the Fed will not succumb to political pressure.Faced with the complex economic situation brought about by the Trump administration's recent tariff policies, the Fed will focus on fighting inflation.
On March 19, Federal Reserve Chairman Powell attended a press conference in Washington. Photo by Hu Yousong, a reporter from Xinhua News Agency
Powell was nominated as chairman of the Federal Reserve by Trump in 2017.After voting and approval from the Senate, he took office and was re-elected after being nominated by Democratic President Joseph Biden in 2022, his term of office ended in May 2026. He said in November last year that he would not quit his job voluntarily.
Source: CCTV News Client, Xinhua News Agency
