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A Key Trump Decision Is Coming: Electing the President of the Federal Reserve

Summary by KMIZ
Analysis by Zachary Wolf, CNN President Donald Trump faces an important decision in the coming months when he elects the next president of the Federal Reserve (Fed). Trump has openly lamented his previous election, Jerome Powell, who was reappointed as chairman of the board by President Joe Biden and whose term ends on May 15. It is a Federal Reserve committee that votes to raise or lower key interest rates, which influences loans for every pers…

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President Donald Trump faces an important decision in the coming months when he elects the next president of the Federal Reserve (Fed).

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KMIZ broke the news in on Sunday, December 14, 2025.
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