preholiday
@preholiday
U.S. Treasury Secretary mentioned there are many strong candidates for Fed chair. The selection process will start this fall. Reports say Trump may nominate a successor early to counter Powell's influence. Powell's term has 11 months left. Trump could announce a replacement by Sept or Oct, possibly sooner. He's considering ex-Fed official Kevin Warsh and economist Kevin Hassett. Others in the mix: Treasury Secretary, ex-World Bank head Malpass, and Fed governor Waller.
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