Bill Pulte to Restructure ‘Deep State’… Announces 4th Round of Layoffs at the Office of the Director of National Intelligence
Acting Director of National Intelligence Bill Pulte announced Sunday that he has carried out a fourth "deliberate and measured" reduction in personnel since taking office on June 19, as part of the Tr
First U.S. Ambassador of Trump's Second Term to Arrive This Week… Will It Provide Momentum to Resolve Pending Issues?
U.S. Ambassador to South Korea Michelle Steel speaks at the opening ceremony of the Korea-U.S. Shipbuilding Cooperation Center held at the Mayflower Hotel in Washington, D.C., on the 23rd (local time)
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
91% of Net Influx of MZ Generation Goes to Seoul Metropolitan Area… Population Migration Also Shows 'K-shaped Polarization' by Industry
[Provided by Leaders Index]Over the past four years, the MZ generation population has become increasingly concentrated in the Seoul metropolitan area and the Chungcheong region. While cities cen
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
The three individuals reportedly interviewed by President Trump as potential candidates for the next Fed Chair. From left to right: Kevin Hassett, Kevin Warsh, and Christopher Waller.
President Donald Trump has stated that he has decided on a candidate for the next Federal Reserve (Fed) chairman, but did not reveal the specific appointee in an interview with The New York Times.
"I have made a decision," President Trump said, "but I have not discussed it with anyone yet."
When asked about long-time economic advisor Kevin A. Hassett, President Trump avoided a direct answer but showed a favorable disposition.
"I don't want to say," President Trump stated, adding, "he is definitely one of the people I like."
Hassett, currently the White House's National Economic Council director, has emerged as a leading contender to succeed Jerome H. Powell as Fed chairman when his term ends in May.
A well-known figure in Republican economic circles, Hassett served as chairman of the Council of Economic Advisers during Trump's first term and has maintained a close relationship with the president since.
Amidst growing speculation, Hassett has been working to position himself as a stable and experienced figure.
Hassett has emphasized the Fed's institutional structure, pointing out that monetary policy decisions are ultimately made by the 12-member Federal Open Market Committee (FOMC), comprising the Board of Governors in Washington and the presidents of the regional Reserve Banks.
Hassett is not the only consideration.
Another strong candidate is Kevin M. Warsh, also known for his role on Coupang's board, a former Fed governor who came close to the top position during Trump's first term. Warsh has consistently participated in economic policy debates and is regarded by his supporters as knowledgeable about the Fed's internal operations.
The candidate pool also includes current Fed Governor Christopher J. Waller, who has built a reputation as a cautious, data-driven policymaker. Reuters reported that President Trump interviewed both Warsh and Waller late last year and has spoken positively about both since.
Whoever is ultimately chosen will lead monetary policy at a time when financial markets, inflation trends, and global growth remain under scrutiny, occupying one of the world's most influential economic posts.
With Powell's term nearing its end, a decision is expected within the coming months.
Rick Rieder, BlackRock's chief investment officer for fixed income, has not yet been interviewed by President Trump for the next Fed chair position, Treasury Secretary Scott Bessent stated on Thursday the 8th. He added that he expects President Trump to decide on the Fed leadership this month.
Rieder is one of four finalists being considered to succeed Powell.
The other three finalists, Hassett, Waller, and Kevin Warsh, have all been interviewed by the president.
By Sung Ku Hong, Chief Correspondent for NNP, USA / Special correspondent for this publication NNP info@newsandpost.com
NNP=Hong Seong-Gu More by this author