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Insider: Trump Plans to Appoint Milan and Former World Bank President to the Federal Reserve Board

Insider: Trump Plans to Appoint Milan and Former World Bank President to the Federal Reserve Board

金色财经2025/08/26 20:38

Jinse Finance reported, citing the Wall Street Journal, that according to informed sources, Trump has informed his advisors that he hopes to announce a nominee to replace Cook as Federal Reserve Governor as soon as possible. Trump stated that he may appoint his economic advisor, Milan, to succeed Cook. Other potential candidates discussed by Trump, according to sources, include former World Bank President David Malpass—a close ally of the president who has criticized the Federal Reserve for not cutting interest rates. If Milan is nominated to replace Cook, Malpass may be nominated to fill another vacancy on the Federal Reserve Board.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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