試す - 無料

Fed chair interviews cancelled as US President homes in on pick

Mint Kolkata

|

December 04, 2025

The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.

- Brian Schwartz & Nick Timiraos

Fed chair interviews cancelled as US President homes in on pick

Trump has signaled publicly that longtime adviser Kevin Hassett is a leading contender to head the central bank.

(REUTERS)

Trump's team informed candidates that interviews scheduled for Wednesday with Vice President JD Vance had been canceled, according to people familiar with the matter. No reason was given for the decision. A person familiar with the matter said the cancellation was because of a scheduling conflict for the vice president. The person said it wasn’t clear if the meetings would be rescheduled.

Longtime Trump economic adviser Kevin Hassett, considered the front-runner, was among those expected to meet with Vance and White House officials about the job, a person close to him said. Other finalists for the job include former Fed governor Kevin Warsh and sitting Fed governor Christopher Waller.

A Vance spokesman didn't respond to a request for comment. “The truth is nobody knows who President Trump's next pick for the Fed Chair will be until he makes the announcement himself. Everything until then is pure speculation,” the White House said in a statement.

Mint Kolkata からのその他のストーリー

Mint Kolkata

Ex-Flipkart executive Venugopal is Reliance Retail CEO

Former Flipkart executive Jeyandran Venugopal has been named president and chief executive officer (CEO) of Reliance Retail Ventures Ltd (RRVL), marking another significant senior-level appointment at India's largest retailer, which is preparing for a public listing.

time to read

1 min

December 04, 2025

Mint Kolkata

Mint Kolkata

INDIA'S SOLAR BOOM SHOWS 'CHINA' CRACKS

A massive solar module oversupply in India could force a painful industry consolidation. Who will survive?

time to read

7 mins

December 04, 2025

Mint Kolkata

Crypto deals hit a record $8.6 bn as market strains rise

A record-breaking year for crypto mergers and acquisitions is facing a harsh reckoning since a recent rout in digital assets began to unravel industry gains spurred by a friendlier administration in the White House.

time to read

1 mins

December 04, 2025

Mint Kolkata

The retail pivot of banks has seen lots of friction

Grievance data from RBI's Ombudsman Scheme report reveals rising discontent—much of it traceable to a major retail thrust by private sector banks. Remedial measures are a must

time to read

2 mins

December 04, 2025

Mint Kolkata

Anthropic plans an IPO as early as 2026

Artificial intelligence startup’s IPO as early as 2026

time to read

1 min

December 04, 2025

Mint Kolkata

Mint Kolkata

India’s solar module boom shows ‘China’ cracks

“There is overcapacity and overvaluation,” said Harsh Singhal, partner at ProsperETE, a climate-focused private equity firm. “Investors need to be careful about how competitive we are visa-vis China and how the government will respond to the market going forward.”

time to read

1 mins

December 04, 2025

Mint Kolkata

Mint Kolkata

IT sector sheds weight in stock market indices as AI rises

Since the start of the year, shares of the five largest firms have seen sharp drops: TCS fell by 23.47%, Infosys 17%, HCLTech 14.74%, Wipro 17.14%, and Tech Mahindra 9.97%.

time to read

2 mins

December 04, 2025

Mint Kolkata

Will Muthoot valuation cap rally?

A steep 70% rally in domestic gold prices over the past year has acted like a Midastouch for gold financiers.

time to read

2 mins

December 04, 2025

Mint Kolkata

Mint Kolkata

Services PMI rebounds in November

India’s services sector rebounded in November, as new business intakes increased amid subdued price pressures and improving demand, a private sw showed on Wednesday.

time to read

2 mins

December 04, 2025

Mint Kolkata

IT sheds weight in indices as AI rises

Combined weight of IT cos in BSE Sensex down to 18-year low

time to read

1 mins

December 04, 2025

Listen

Translate

Share

-
+

Change font size