Trump Says He Will Unveil Fed Chair Nominee Next Week

Vehicles pass in front of the Marriner S. Eccles Federal Reserve building in Washington.Photographer: Al Drago/Bloomberg

President Donald Trump said he would announce his nominee to chair the Federal Reserve “next week,” and reiterated his expectation that the central bank’s new leader will lower interest rates.

“We’re going to be announcing next week,” Trump said Thursday during a Cabinet meeting. “We’re going to be announcing the head of the Fed, who that will be, and it will be a person that will, I think, do a good job.”

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