The Fed Reveal: Trump Confirms Choice for New Chair, Signaling Aggressive Rate Cuts

President Donald Trump announced on Sunday that he has made his final decision regarding the next Chairman of the Federal Reserve, confirming he knows his pick but declining to name the individual. The impending announcement of the new nominee, who will succeed current Fed Chief Jerome Powell when his term expires in May 2026, has already intensified speculation about the future direction of U.S. monetary policy.