Nick Timiraos
Nick Timiraos|Jan 22, 2026 14:43
In revealing his thinking on Wednesday about his Fed chair decision in his speech at Davos, Trump telegraphed his core anxiety: that candidates tell him what he wants to hear during interviews but then become their own guy once they have the job. Trump: "I'll be announcing a new Fed chairman in the not-too-distant future. I think he'll do a very good job.... We have ... somebody that's very respected. They're all respected. They're all great. Everyone that I interviewed is great. Everyone could do, I think, a fantastic job. Problem is they change once they get the job, they do. They said everything I want to hear and then they get the job, they're locked in for six years, they get the job, and all of a sudden, ‘Let's raise rates a little bit.’ I call them, ‘Sir, we'd rather not talk about this.’ It's amazing how people change once they have the job. It's too bad, sort of disloyalty, but they got to do what they think is right. We have a terrible chairman right now, Jerome ‘Too Late’ Powell. He's always too late, and he's very late with interest rates, except before the election, he was just fine for the other side. So we're going to have somebody that's great, and we hope he does the right job."(Nick Timiraos)
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads