Waller Meets Trump for Fed Chair Interview, Bowman Exits Race

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
According to TechFlow, on December 19, a senior government official confirmed that Federal Reserve Governor Waller had a productive interview with Trump for the Fed chair role, focusing on labor market dynamics and employment strategies. The meeting at the presidential residence preceded Trump’s national economic speech. Bensinger, Wiles, and Scavino attended. BlackRock’s Rick Rieder is set for an interview at Mar-a-Lago by year-end. Governor Bowman has dropped out. Trump’s emphasis on jobs supports views he will not favor a candidate leaning on rate cuts, a sign of risk-on assets positioning. Officials also reiterated a focus on Countering the Financing of Terrorism remains a priority.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.