Federal Reserve Chairman Jerome Powell’s term ends in May.
ByAntonio Pequeño IV,
Forbes Staff.
President Donald Trump told reporters Thursday he will announce his pick to replace Federal Reserve Chairman Jerome Powell on Friday morning, making the announcement after the Federal Reserve voted to pause rate cuts this week.
“I’ll be announcing the Fed chair tomorrow morning,” Trump said at a screening for First Lady Melania Trump’s self-titled documentary, “Melania.”
This is a developing story. Check back for updates.
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