President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday morning, a long-awaited decision that could set up a showdown on whether the U.S. central bank preserves its independence from the White House and electoral politics.

I "have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best," Trump wrote on his Truth Social platform.

The announcement would end months of speculation about one of the president's most important economic policy decisions.

President Trump says he will announce his nominee for Federal Reserve chair Friday morning, as he presses the central bank to cut interest rates.

Senate leaders have a bipartisan funding deal in hand but it remains to be seen whether they will avert a costly government shutdown as the clock ticks down toward Friday’s midnight deadline.

President Donald Trump said he would be announcing his pick for a nominee to chair the Federal Reserve on Friday morning, signaling an end to a months-long process that has spurred speculation over the future of the world’s most powerful central bank.

Trump told reporters that he planned to unveil his Fed chair pick on Friday morning. “It’s going to be somebody…that’s known to everybody in the financial world,” he sai

President Donald Trump plans to announce his pick for the next Federal Reserve chair on Friday morning. Among the finalists is one man who checks many of the boxes: BlackRock executive Rick Rieder.