Trump: Will Soon Announce New Fed Chair Candidate but Worries About "Disloyalty" After Taking Office

Odaily News: U.S. President Donald Trump discussed the Federal Reserve during his speech at the World Economic Forum in Davos. Trump clearly stated that his nominee for Fed Chair will be a man. This aligns with the reported shortlist: White House economic advisor Kevin Hassett, Fed Governor Christopher Waller, former Fed official Kevin Warsh, and BlackRock executive Rick Rieder. Trump said: "I will be announcing a new Fed Chair in the near future. He will be a man. I think he will do a very good job, he will be a highly respected person." Additionally, Trump added: "The interviews with every Fed Chair candidate have been great. But the problem is, once he takes the position of Fed Chair, he changes his stance, which is somewhat disloyal. It's amazing how much a person changes once they get the Fed Chair job. In any case, Fed Chair Powell has been too slow to act on interest rates. I hope the new Fed Chair does his job well." (Jin10)