Donald Trump said Tuesday that he had a list of four candidates to take the lead of the powerful American central bank, the Fed, and said that his finance minister Scott Bessent was not there.
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The current boss of the federal reserve, Jerome Powell, bane of the American president who asks him in vain to lower the rates, will complete his mandate in May 2026.
AFP
Asked about his succession during an interview by phone with the CNBC channel, Trump judged that “the two Kevin [étaient] very good ”.
He referred to Kevin Hassett, today his main economic adviser, and Kevin Warsh, who sat on the Council of Governors of the Fed from 2006 to 2011 after being adviser to the Republican President George W. Bush.
“I have two other people who manage very well,” he added, without saying more.
The American president said, however, that the Minister of Finance Scott Bessent was not in the running.
“I take it off from the list. He does not want “the post,” he likes to be Minister of Finance, “said Trump.
AFP
Before replacing the current Fed boss, Donald Trump saw another possibility of appointment with the resignation, announced on August 1, of Governor Adriana Kugler.
The American president therefore has the opportunity to bring a new person to the committee setting the interest rates.
The 79 -year -old republican relentlessly attacks Jerome Powell, according to him “too slow” to lower interest rates.
The choice of his successor is a highly strategic appointment, at a time when the customs war launched by the American president has made the economic prospects uncertain.
For his second mandate, Trump surrounded himself with ministers and councilors for flawless loyalty.