Trump Seeks New Fed Chief for Rate Cuts

Former President Trump seeks a new Federal Reserve leader to lower interest rates, criticizing current Chair Jerome Powell. Trumps top economic advisor, Kevin Hassett, is the frontrunner for the role, aligning with Trumps vision of lower borrowing costs. The Fed is expected to cut rates this week, but Trump wants more significant reductions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.