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A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Posted
July 21, 2025
Views
11,025
Likes
141
Comments
129
Engagement
2.45%
July 21, 2025
11,025
141
129
2.45%
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5:30Now PlayingDonald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.
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