According to reports, President Trump said that he has finalized the nominees for the next chairman of the Federal Reserve, but in an extensive interview, he did not reveal the exact nominees. “I already have a decision in my heart,” he said in an interview on Wednesday evening. “I haven't talked to anyone about this yet.” When asked specifically about his chief economic adviser Kevin Hassett, Trump said “I don't want to disclose it,” but described Hassett as “definitely one of the candidates I appreciate.” Whoever Trump ultimately nominates will take over an institution at a critical juncture — the Federal Reserve is currently under intense pressure from the President, and Trump is determined to drastically reduce borrowing costs. US Federal Reserve Chairman Jerome Powell, whose term expires in May next year, has long been the target of Trump's frequent criticism. This also indicates that if the next chairman fails to meet the demands of the president, he will surely face a storm of public opinion.

According to reports, President Trump said that he has finalized the nominees for the next chairman of the Federal Reserve, but in an extensive interview, he did not reveal the exact nominees. “I already have a decision in my heart,” he said in an interview on Wednesday evening. “I haven't talked to anyone about this yet.” When asked specifically about his chief economic adviser Kevin Hassett, Trump said “I don't want to disclose it,” but described Hassett as “definitely one of the candidates I appreciate.” Whoever Trump ultimately nominates will take over an institution at a critical juncture — the Federal Reserve is currently under intense pressure from the President, and Trump is determined to drastically reduce borrowing costs. US Federal Reserve Chairman Jerome Powell, whose term expires in May next year, has long been the target of Trump's frequent criticism. This also indicates that if the next chairman fails to meet the demands of the president, he will surely face a storm of public opinion.