00:01President Trump says he has nearly finished choosing a replacement for Federal Reserve Chair Jerome Powell and hinted he has a single candidate in mind.
00:09Speaking from Davos, Trump said the shortlist has narrowed from more than a dozen contenders to just one, though he declined to name names.
00:17The decision comes after a turbulent period for the central bank marked by public criticism, legal challenges, and threats to reshape central bank leadership.
00:26While Jerome Powell's future role remains uncertain, Trump made clear he believes the Fed needs new direction.
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