Trump Nears Federal Reserve Chair Pick, Keeps Name Under Wraps

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CNBC TV18•23-01-2026, 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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