Tag: US central bank

Donald Trump

Trump Signals Reluctance to Elevate Kevin Hassett to Fed Chair, Boosting Kevin Warsh’s Standing in Closely Watched Succession Race

The Asia Live News Service - January 17, 2026
President Donald Trump has injected fresh uncertainty into the race to lead the US central bank, signalling reluctance to nominate his top economic aide Kevin Hassett as the next chair of the Federal Reserve and reshaping market expectations about who...
Fed Chair Jerome Powell

Donald Trump Says He Has ‘No Plan’ to Fire Fed Chair Jerome Powell, but Leaves Door Open as Justice Department Probe Deepens

The Asia Live News Service - January 15, 2026
President Donald Trump on Tuesday insisted he has no immediate plan to fire Jerome Powell, even as the Justice Department probes a renovation project at the US central bank. “I don’t have any plan to do that,” Trump told reporters,...