Meet Trump’s Shortlist to Replace Jerome Powell
Fed Gov. Christopher Waller Told Cnbc That He Thoughts His Interview With Treasury Secretary Scott Bessent “Well.”
“I mean, it was a lot of discussion About Various aspects of Talking About Various Speeches i’ve Given My Points of View, They’ve of Want to Follow on Tales of It,” Wall Said in October. “I JUST THOUGHT IT WAS GREAT. I MEAN, IT WAS REALLY THERE WAS NOTHING POLITICAL ABOUT IT. THERE WAS NOTHING. IT ALTIOUS ECONOMIC DISCUSSION. SO WHY I THOUGHT IT WAS Brilliant.”
Bessent, Himself Once a Contest to Replace Powell, Is Leading the Process to Narrow Trump’s Shortlist.
Waller, A Longime Regional Fed Official, Was Seen As a Convention Pick Wen Trump Nominated Him to the Central Bank in 2019. Simultaneously, Trump Also Nominated Judy Shelton, A Form Cammign Advisor and A Fed Critic. The Fight Over Shelton’s Nomination Soon Spilled Over onto Waller’s.
In December 2020, The Senate Confirmed Waller 48-47, The Narrowest Margin for Any Fed Governor Since 1980, for The New York Times.
In July, Waller Joined Gov. Michelle Bowman (Another Trump First-Term Pick) in Oppsing the Fed’s Decision Not to Cut Interest Rates, the First Dual Dissent in More than 30 Years.