Express
Wall Street Journal: Trump's premature disclosure of Powell's successor may backfire
Summary: According to sources, Wall Street Journal reporters Nick Timiraos and Brian Schwartz mentioned in a joint article that prematurely disclosing the Fed chair's successor could have negative consequences for both Trump and the nominee. This could potentially put the incoming chair in a difficult position: publicly criticizing future colleagues at the Fed (whose support is ...
According to sources, Wall Street Journal reporters Nick Timiraos and Brian Schwartz mentioned in a joint article that prematurely disclosing the Fed chair's successor could have negative consequences for both Trump and the nominee. This could potentially put the incoming chair in a difficult position: publicly criticizing future colleagues at the Fed (whose support is crucial for Senate confirmation) may be seen as pandering to the president, while defending Fed policies could anger Trump and cost them the position before officially taking office.
Tags:
Link: Wall Street Journal: Trump's premature disclosure of Powell's successor may backfire [Copy]
