The Wall Street Journal: The early announcement of the Federal Reserve (FED) chair nominee poses risks.

RektRecovery · 2025-06-26T00:32:37+00:00

The Wall Street Journal reporter pointed out that announcing the Federal Reserve (FED) chair nominee in advance could be detrimental to Trump and the nominee. The new chair faces a dilemma: criticizing colleagues may be seen as sycophancy, while defending policies could anger Trump, leading to a loss of the opportunity for the position.

RektRecovery

2025-06-26 00:32:37

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According to reports, Wall Street Journal reporter and The Federal Reserve (FED) mouthpiece Nick Timiraos, along with his colleague Brian Schwartz, mentioned in a jointly published article that the early announcement of the Federal Reserve Chair nominee could have adverse effects for both Trump and the nominee. This may put the incoming chair in an awkward position: if they openly criticize future colleagues at the Federal Reserve (whose support is crucial for their Senate confirmation), the market might see them as a mere sycophant catering to the President; on the other hand, if they choose to defend the Federal Reserve’s policies, it could anger Trump and lead to losing the position even before officially taking office.

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