Trump To Announce ‘New Head’ Of Fed Reserve Thursday

President Donald Trump smiles as he announces in the East Room of the White House in Washington, Thursday, Oct. 12, 2017,  that Kirstjen Nielsen, a cybersecurity expert and deputy White House chief of staff is his choice to be the next Homeland Security Secretary. (AP Photo/Susan Walsh)
President Donald Trump smiles as he announces in the East Room of the White House in Washington, Thursday, Oct. 12, 2017, that Kirstjen Nielsen, a cybersecurity expert and deputy White House chief of staff is his cho... President Donald Trump smiles as he announces in the East Room of the White House in Washington, Thursday, Oct. 12, 2017, that Kirstjen Nielsen, a cybersecurity expert and deputy White House chief of staff is his choice to be the next Homeland Security Secretary. (AP Photo/Susan Walsh) MORE LESS

WASHINGTON (AP) — President Donald Trump says he’ll announce the “new head” of the Federal Reserve Thursday afternoon.

Trump says before a Cabinet meeting Wednesday: “I think you will be extremely impressed by this person.”

Trump’s leading choice to follow current chair Janet Yellen is Jerome “Jay” Powell, who up until recently was the only Republican on the Fed board.

Trump said Yellen was “excellent.” Asked Wednesday if she was his pick, he said: “I didn’t say that.”

Trump’s impending announcement of his choice to lead the Fed is overshadowing this week’s meeting of the central bank’s policy group, composed of its board members and regional bank presidents.

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  1. Suuuure, because the first woman to ever become the Federal Reserve Chair cannot continue in her position in a tRump administration, no matter how good she’s proven herself to be. Everyone knows that can’t be allowed no matter how “excellent” she is. tRump has his standards after all, even if they are rather low.

    Good luck maintaining that successful economy you inherited from your predecessor, you dumb fuck. This guy is determined to fuck up this country in so many ways big and small while rewarding all those people who have nothing going for them except their avarice and contempt for all us little people.

    I really, really hate this guy. Done here for now…

  2. Avatar for imkmu3 imkmu3 says:

    And we will get big BIG ratings for the announcement! Big biggest! Bigger than Obama’s!

  3. Avatar for imkmu3 imkmu3 says:

    Probably be an oil and gas industry man. He loves those.

  4. Hmm announcement on Thursday and leaving the country on Friday, this means something. I wonder what?

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