Trump's Plans for Fed Chair and Treasury Secretary Revealed

Tuesday, 16 July 2024, 20:08

In an interview, Trump shares that he won't remove Powell as Fed Chair before his term ends. He hints at JPMorgan CEO Dimon being a candidate for treasury secretary if elected. Powell's tenure is set until 2026, sparking speculation and reactions.
Yahoo Finance
Trump's Plans for Fed Chair and Treasury Secretary Revealed

Trump Considers Jamie Dimon for Treasury as Powell Stays Put at Fed

In a recent interview, Donald Trump reveals his intentions regarding Powell and potential treasury secretary options.

Key Points:

  • Stability at Fed: Trump won't oust Powell before term expiry.
  • Possible Pick: Dimon could be considered for treasury secretary role.
  • Market Speculation: Reaction to the news creates buzz in financial circles.

In conclusion, Trump's statements hint at potential shifts in key financial positions, prompting market watchers to speculate on the impact.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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