Leave Scott Besent and “Too Turn Powell.” Donald Trump said Tuesday that he had a list of four candidates to take the front of the powerful American central bank, the Fed, and said that his finance minister, Scott Besent, was not there.
The current head of the Federal Reserve, Jerome Powell, Bane, of the US president who asks him in vain to reduce the rates, will complete his mandate in May 2026.
When asked about his succession during an interview by phone with the CNBC channel, Trump judged that “the two Kevin (they were) very good.”
He referred to Kevin Hasett, today his main economic advisor, and Kevin Warsh, who sat in the Council of Governors of the Fed from 2006 to 2011 after being an advisor to Republican President George W. Bush.
The US president said, however, that Finance Minister Scott Besent was not in the race.
Before replacing the current chief of the Fed, Donald Trump saw another possibility of appointment with the resignation, announced on August 1, by Governor Adriana Kugler. Therefore, the US president has the opportunity to take a new person to the committee that establishes interest rates.
The 79 -year -old Republican relentlessly attacks Jerome Powell, according to him “too slow” to reduce interest rates.
The election of his successor is a very strategic appointment, at a time when the customs war launched by the US president has made the uncertain economic perspectives.
For his second term, Trump surrounded himself with ministers and councilors for impeccable loyalty.
Source: BFM TV
