Trump says he will announce a replacement for Powell as Fed chair Friday morning

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Why This Matters

President Trump plans to announce his replacement for Jerome Powell as Federal Reserve chair on Friday morning, sparking market anticipation and speculation about the potential impact on monetary policy.

Market Impact

Market impact analysis based on neutral sentiment with 65% confidence.

Sentiment
Neutral
AI Confidence
65%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.

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Original article published by CNBC on January 30, 2026.
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