Trump Considers Naming Fed Chair Successor by September to Undermine Powell, Eyes Warsh, Hassett, Bessent for Rate Cuts

Given his “relentless attacks” on Jerome Powell, Donald Trump’s nominee for the next Fed chair is sure to be closely scrutinised by Congress and financial markets for an ability to resist pressure from the White House, writes Richard Clarida

While a large number of the social media pressure campaigns endlessly screaming at him to make it all go FASTER FASTER FASTER!!!!!!!!! are just people that are frustrated... ...some of it is paid opposition hoping they can PRESSURE Trump into GOING EARLY on somethings and

Trump may name a “shadow Fed chair” early to spook markets into expecting rate cuts, even before they take office. It’s called the Maradona theory of interest rates: make a fake left, and then move right, hoping defenders will adjust. [@FT]