Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee (FOMC) meeting in Washington on Oct. 29, 2025. Madalina Kilroy/The Epoch TimesPresident Donald Trump said he will announce the new Federal Reserve chairman next week.“We’re going to be announcing the head of the Fed, who that will be, and it’ll be a person that will, I think, do a good job,” Trump said during his Jan. 29 Cabinet meeting.
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Tuesday, May 5, 2026
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