Trump says he has a name to replace Powell—so Wall Street may need to contend with a ‘shadow Fed chair’ for the next half year

fortune.com/2025/12/01/trump-replace-powell-fed-chairman-shadow-chair-wall-street

Intentional or not, any hints Jerome Powell may drop about his outlook on the economy have the potential to move markets. While the chairman of the Federal Reserve has insisted time and again that the only factors he is focussed on is a mandate of inflation at 2% and maximum employment,…

This story appeared on fortune.com, 2025-12-01 16:00:46.
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