Trump says he plans to announce his pick for Fed chair in January
Source: USA Today
Dec. 29, 2025, 6:09 p.m. ET
President Donald Trump said he expects to announce his pick to replace Federal Reserve Chair Jerome Powell in January, a highly-anticipated moment for an institution that the president has assailed as he pushes to slash interest rates to boost economic activity.
Powell's term as chair expires in May and Trump is eager to see him gone, repeatedly slamming his leadership of the central bank.
"I'd love to fire him but we're so close" to his term expiring Trump said Dec. 29 during a meeting at his Mar-a-Lago club in Florida with Israel's prime minister.
The Fed cut interest rates three times this year, but Trump said the latest cut on Dec. 10 "could have been doubled."
Read more: https://www.usatoday.com/story/news/politics/2025/12/29/donald-trump-jerome-powell-federal-reserve-chair-rates/87950726007/
FarPoint
(14,509 posts)I think he, the Minister of Chaos and Crimes, he will be in deeper trouble by May 2026....plus, his health is terrible. He could be making this announcement now because he knows how physically ill he is currently....
LoisB
(12,294 posts)Hey Joe
(388 posts)Will be a disaster when we get another sycophantic nitwit to be a place sitter , doing Trumps bidding as Trump destroys the economy with rate cuts.
The orange fuckwit knows nothing about making a stable economy and will definitely make a hash of it.
kimbutgar
(26,739 posts)Hes been putting fox propaganda news people in important posts! She is a loyal BJer to the orange piggy.
Years ago I worked for a hedge fund manager and these Wall Street guys would come in to meet with him and the several of the men said she put her lips to good use in order to gain access to have major wall street guys on her show. I learned years earlier to be quiet and listen to these conversations and heard a lot of gross stuff.