On the 23rd local time, US President Trump said that anyone who disagrees with his views will never become the chairman of the Federal Reserve. Trump said he hoped the new chairman of the Federal Reserve would lower interest rates when the market performed well, rather than “unnecessarily” disrupt the market. Powell's term expires in May next year. According to relevant laws and regulations, after the US president nominates a candidate for the chairman of the Federal Reserve, it must be approved by the Senate. Despite being fiercely criticized by Trump for a long time on whether to cut interest rates, Powell refused to resign and emphasized the independence of the Federal Reserve's monetary policy. Trump recently said in an interview that Kevin Walsh, former governor of the US Federal Reserve, is at the top of his list of candidates for the next Federal Reserve Chairman. At the same time, he said that both Walsh and White House National Economic Council Director Kevin Hassett are good.

On the 23rd local time, US President Trump said that anyone who disagrees with his views will never become the chairman of the Federal Reserve. Trump said he hoped the new chairman of the Federal Reserve would lower interest rates when the market performed well, rather than “unnecessarily” disrupt the market. Powell's term expires in May next year. According to relevant laws and regulations, after the US president nominates a candidate for the chairman of the Federal Reserve, it must be approved by the Senate. Despite being fiercely criticized by Trump for a long time on whether to cut interest rates, Powell refused to resign and emphasized the independence of the Federal Reserve's monetary policy. Trump recently said in an interview that Kevin Walsh, former governor of the US Federal Reserve, is at the top of his list of candidates for the next Federal Reserve Chairman. At the same time, he said that both Walsh and White House National Economic Council Director Kevin Hassett are good.