Trump Nears Federal Reserve Chair Pick, Keeps Name Under Wraps
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CNBC TV1823-01-2026, 07:47

Trump Nears Federal Reserve Chair Pick, Keeps Name Under Wraps

  • President Donald Trump has completed interviews for the next Federal Reserve chair.
  • Trump stated he has a candidate in mind but will not reveal the name yet.
  • He described his pick as "very respected, very, very well known, and will do, I think, a very good job."
  • An announcement is expected before the end of January.
  • Trump has been increasingly vocal about influencing the Federal Reserve, criticizing officials and advocating for presidential input on interest rates.

Why It Matters: Trump has chosen his Federal Reserve chair nominee but is keeping the name confidential until a formal announcement.

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