Opinion: Trump worries that the new Federal Reserve Chair might betray him and will no longer be under his control after taking office

BlockBeats News, January 22, Nick Timiraos, a Wall Street Journal reporter known as the "Fed Whisperer," posted that Trump's speech in Davos revealed his views on the choice of the Federal Reserve chairman and also exposed his deep-seated anxiety: candidates say what Trump wants to hear during interviews, but once in office, they revert to their true selves.

Trump's original words were: I will announce the new Federal Reserve chairman candidate in the near future, and everyone I have interviewed is excellent. The problem is, once they take office, they change, and indeed they do. They say exactly what I want to hear, and then after they take office, the six-year term is set, and suddenly they say, "Let's raise interest rates a little." I call them, "Sir, we don't want to talk about this." It's really surprising how much people change once they get the job. It's a bit disloyal, which is a pity, but they have to do what they think is right. Our current Fed chairman is terrible, Jerome "Late" Powell. He is always one step behind, especially on interest rate issues, where he is particularly sluggish. But before the election, he was quite suitable for the other camp. So we are about to welcome an excellent candidate, and I hope he can do the job well.