President Trump expected to name new Fed Chair to replace Jerome Powell by first week of January 2026.

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    Posted by SCFapp

    19 Comments

    1. The dollar is about to look like the Zimbabwe Zig with the amount of inflation over the ridge

    2. If you think the Trump economy is bad now, wait till he has a patsy who will do whatever he’s told to benefit the Trump family while the entire economy burns to the ground.

    3. One saving grace is that the chair still only has one vote in the fomc. The Fed also took an unusual step of re-appointing 11 out of 12 bank presidents early for five year terms to help protect their independence.

    4. Used-Pianist723 on

      It’s scary what could happen with a goon from Trump running the Fed. Catastrophic things can happen

    5. Traditional-Hat-952 on

      Doesn’t the board still have to vote of Powell’s replacement? I know it’s a slim hope to think they’ll reject a shitty candidate, but allow me my copium. 

      Edit: Nevermind. They just have to be nominated by the President and then approved by Congress. We’re fucked. 

    6. This is where I would normally say he’s gonna gamble with our economy and either it will be a stroke of luck and work, or the house will win. But he’s gone in a few years… so he has nothing to lose personally. There is no next term, he can do things that destroy the country and only the pedophile protecting GOP will have to deal with the fallout, well and obviously us…

      Let me get to closing before things tank and then I’ll refi when it hits bottom…

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