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Trump: The new Federal Reserve Chair will be "a highly respected man"
On January 21, U.S. President Trump stated at the World Economic Forum in Davos that every Federal Reserve chair candidate left a deep impression on him during the interview, but once officially in office, their behavior might change. “Surprisingly, people tend to change their behavior once they take office. To some extent, it’s a betrayal, which is really bad, but they have to do what they believe is right.” Trump said he would soon announce the new Federal Reserve chair (who is), and the next Fed chair will be a man, who will be a highly respected person. (Trump described himself and Treasury Secretary Bessent) as having excellent interview experiences with each Federal Reserve chair candidate.