Trump: Appointment of the new Federal Reserve Chairman will be announced soon

BlockBeats News, June 7th. Local time on June 6th, US President Trump stated in an interview with reporters that the appointment of the next Federal Reserve chair will be announced soon, and he has a fairly clear understanding of the candidate.

He added that a good Fed chair will lower interest rates. Furthermore, when asked if he would consider cutting Musk's government contract, Trump said he would consider everything. He mentioned that he has no plans to talk to Musk and hopes he succeeds at Tesla. (FXStreet)