Federal Reserve Leadership Change Looms as Trump Seeks Chairman Aligned on Interest Rate Policy

11.12.2025 / Payment system news

US President Donald Trump is set to replace the outgoing Federal Reserve Chairman in the near future, with a potential list now narrowing down to just four candidates, Financial Times reported. Trump had a thorny relationship with the outgoing chairman, Jerome Powell, as they differed on the central bank’s interest rate-cut policy. “We’re going to […]