Trump names Warsh, Hassett as top Fed contenders, WSJ says | Fortune
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Trump names Warsh, Hassett as top Fed contenders, WSJ says | Fortune
""I think the two Kevins are great," he said. "I think there are a couple of other people that are great.""
""I've been very successful, and I think my role should be at least that of recommending - they don't have to follow what I say," Trump told reporters, adding he expected to make a choice "over the next few weeks.""
""I think my voice should be heard, but I'm not going to make the decision based on that," he continued."
""1% and maybe lower than that.""
President Donald Trump named Kevin Hassett and Kevin Warsh as his top choices to lead the US Federal Reserve and indicated Warsh has risen on the short list. Trump met with Warsh and has suggested he may not interview many other candidates. Trump said the next Fed chair should consult with him on interest rates, a stance that would alter traditional Fed independence. He said his role should include recommending policy and expects to decide within weeks. Trump called for aggressively lower rates near 1% and criticized the Fed for not cutting rates more under Jerome Powell.
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