US_ Trump Says He'll Soon Announce His Pick for Next Fed Chief

THE EPOCH TIMES

Trump Says He'll Soon Announce His Pick for Next Fed Chief

The president is keeping the name secret for now.

Federal Reserve Chair Jerome Powell speaks at a news conference in Washington, on Oct. 29, 2025. Madalina Kilroy/The Epoch Times

Tom Ozimek
Reporter
1/23/2026|Updated: 1/23/2026


President Donald Trump said on Jan. 22 that he will soon announce his choice to lead the Federal Reserve after repeatedly criticizing outgoing Fed Chairman Jerome Powell for keeping interest rates too high, and signaling he wants a new central bank chief who will move faster to cut rates.

While speaking to reporters aboard Air Force One, Trump declined to name his pick, but said the person was widely known and respected.

“I will be telling you soon,” Trump said when asked who he would choose as the next Fed chair. “I have somebody that I think will be very good, but I’m not going to reveal it.”

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READ MORE: https://www.theepochtimes.com/us/trump-says-hell-soon-announce-his-pick-for-next-fed-chief-5975288?ea_src=frontpage&ea_med=section-1

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