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Trump: May soon announce a new Fed chairman, Powell cut rates too late
On August 5, during a live interview on CNBC's "Squawk Box," U.S. President Trump stated that the Fed Chair is political and that Powell cut rates too late. Many candidates for Fed Chair are very good, Walsh is great, and Hassett is also very good, plus two other candidates who may soon be announced as the next Fed Chair. I like Bentsen, but he wants to stay at the Treasury. Perhaps they will use the vacancy left by Kugler to select the future Fed Chair. ( Jin10 )