Trump Will Make Orthodox Choice for Fed Chair: PIMCO Bond Chief

News July 11, 2025 at 02:26 PM
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What You Need To Know

  • The rumored names "all look like well qualified candidates," said Andrew Balls.
  • Powell isn’t due to bow out until May, but the president has indicated he has various candidates in mind.
  • The need for Senate approval further reduces the chance of an unorthodox choice, Balls added.

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