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特朗普考虑让TA先担任财长,之后再接任美联储主席

Trump is considering having them serve as Treasury Secretary first, and then take over as Chairman of the Federal Reserve later.

Golden10 Data ·  Nov 22 13:22

New information has emerged about the fiercest competition for the position in Trump's cabinet, as well as the successor to Federal Reserve Chairman Powell!

According to insiders, usa President-elect Trump has proposed selecting financier Kevin Warsh as his Treasury Secretary, but there is a understanding that when Jerome Powell's term as Chairman of the Federal Reserve ends in 2026, Warsh may be nominated to lead the Federal Reserve.

Some sources say that Trump discussed possible arrangements with Warsh at his private club, Mar-a-Lago, in Florida on Wednesday.

Warsh is a leading candidate for the Treasury Department, but as of Thursday night, Trump had not yet decided who to choose for this key cabinet position. Insiders familiar with the matter say Trump is still weighing how to handle the vacancy of the Federal Reserve Chairmanship and may wait until Powell's term ends in May 2026 to make a final decision.

Some say Trump is considering appointing investor Scott Bessent to lead the National Economic Council, and if Warsh becomes the Federal Reserve Chair, Bessent may later be nominated as Treasury Secretary during his term.

Trump's aides frequently remind that Trump can easily change his mind. He may decide not to choose Warsh or Bessent for these positions, but to select one of the other contenders most likely to lead the Treasury Department, such as Marc Rowan, CEO of Apollo Global Management. Trump has been behind closed doors discussing the Treasury Secretary appointment. Bessent, Warsh, and representatives from Trump's transition team did not respond to requests for comment.

Bessent has publicly advocated for Trump to announce as soon as possible who he plans to choose as Powell's successor, so this 'shadow' chairman can attempt to undermine Powell and make him a lame duck.

According to one insider, during Wednesday's meeting, Trump asked Warsh about his previous stance on tariff issues. Warsh has been a critic of trade protectionist policies. He suggested in a 2018 Wall Street Journal commentary that Trump's tariff plans could lead to what he calls American 'economic isolationism.'

Wash wrote, "Mr. Trump's mercantilist remarks may not just be a negotiating strategy, but also signal the emergence of new tariffs and trade restrictions globally. Economic isolationism will cause significant harm to our economic growth prospects."

Wash was one of the candidates considered by President Trump during his first term as the leader of the Federal Reserve. Trump later chose Powell, but his opinion of Powell changed after the Fed raised interest rates. Wash has long been seen as a possible replacement for Powell, and some of Trump's economic advisors had previously urged him to choose Wash for the position.

Wash is a lawyer who started working in investment banking at Morgan Stanley in 1995, and joined the Bush administration in 2002 as an economic assistant. In 2006, he became a member of the Federal Reserve. At the time, he was the youngest confirmed member of the board.

In August of this year, Trump claimed that as president, he should have more say in how the Federal Reserve sets interest rates. If implemented, this would go against the long-standing practice that the central bank has political independence and can combat inflation by frequently raising rates, which are often not popular.

As early as 2018, Trump had jokingly mentioned dismissing Powell during a dispute over interest rates. However, in an interview with Bloomberg this year, he said he would let Powell serve his full term, "especially if I believe he is doing the right things".

However, Wash is a staunch advocate of free trade principles, has warned against a significant increase in debt burden, and supports the Federal Reserve "maintaining independence", positions that contradict Trump's previous statements.

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