Trump Says He Thinks He Already Knows His Choice for Fed Chair | Metals Mine

  • Trump Says He Thinks He Already Knows His Choice for Fed Chair

    From finance.yahoo.com

    President Donald Trump said he thinks he’s identified his choice to be the next chair of the Federal Reserve while asserting people are holding him back from firing the central bank’s current leader, Jerome Powell. “I think I already know my choice,” Trump told reporters in the Oval Office on Tuesday, without specifying who it is. “I’d love to get the guy currently in there out right now, but people are holding me back.” Treasury Secretary Scott Bessent, who is leading the search, has said he has narrowed the pool of contenders to current Fed Governors Christopher Waller and Michelle Bowman, former Fed ... (full story)

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Vancarbon
Nov 18, 2025 3:39pm
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It’s irrespective if the Fed lowers rates December . The narrative is set “ rates are going lower “ , that is an FFR of 3% , whilst inflation is currently 2.9% . Technically we’re at ZIRP .

Markets are currently rinsing retail dip buyers , knowing full well the direction of rates going forward . Opportunistic until the Fed introduces more liquidity on the 1st December .
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DwnUndrTrdr
Nov 18, 2025 4:19pm
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“I think I already know my choice,” then follows with if “I’d like to get him in there now”.
The clear sure steady words of a leader. Still keeps playing the contenders like puppets. This is the thought process of someone who has a track record of employing the “best people”.
Who employed the current fed chair Donald?
afevir
Nov 19, 2025 5:18am
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whose term ends in May 2026.
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Trader#F8EC
Nov 18, 2025 3:25pm
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A person who will set the Fed Funds rate a full point lower than it should be?

As a side note, today’s equity close was definitely uglier than it should have been. This whole move is either a head fake to let the big boys get in at reasonable prices, or something is not as it should be in this bull market. I’ll be watching the Nikkei and bitcoin overnight.
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Trader#B637
Nov 18, 2025 3:35pm
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Whoever it is he will regret it and call them one of a variety of denigrating adjectives like "too late", "sleepy", "dumb", "corrupt".
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Trader#7FAC
Nov 18, 2025 5:10pm
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Let's hope they don't get blown. Like (poor) Bubba. We gotta find BUBBA ! ! !

Inserted Video
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Trader#D54A
Nov 18, 2025 5:59pm
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Quoting Trader#7FAC
...
Meh, itt's pretty boring stuff.

https://www.facebook.com/thedailysho...0595498996543/
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