Trump Says He'll Probably Announce New Fed Chair 'Early Next Year'

Watch Trump Says He'll Probably Announce New Fed Chair 'Early Next Year' - Bloomberg on Dailymotion

Transcript

00:00Since last January we've stopped inflation in its tracks and there's still

00:06what to do there's always more to do but we have it down to a very good level

00:12it's going to go down a little bit further you want to have a little tiny

00:15bit of inflation otherwise that's not good either then you have a thing

00:18called deflation and deflation can be worse than inflation but we have it

00:24almost will soon be at a perfect level but we inherited the worst inflation

00:29but we have 20 states that are now selling gasoline at less than the two

00:37dollars and seventy-five I think of that two dollars and seventy-five cents and it

00:43was at five dollars under sleepy Joe grocery prices are down with the cost of

00:49Thanksgiving turkey this year down 33% it was lower than 33% lower than under the

00:56Biden administration egg prices are way down 86% thank you and mortgage rates

01:03despite the fact that we have an incompetent chairman of the Fed a real

01:07dope who should reduce rates I saw even Jamie Dimon said he should be reducing

01:13rates I never saw Jamie Dimon say that I wonder why he said that but he really

01:19said it because he's right but we have a guy that's just a stubborn ox who probably

01:25doesn't like your president your favorite president but they're going to be coming

01:31down we'll be announcing somebody probably early next year for the new

01:36chairman of the Fed I talked to Scott about taking the job but he doesn't want

01:40it you got the greatest job here yes sir right he said no I wanted to stay

01:46chairman I want to stay I want to stay right where we are Treasury and I think

01:52we're doing really great aren't we we're doing great sir it's a great team to be

01:56part of yeah that's amazing