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The Playbook Podcast

Trump’s Fed pick is coming

The Playbook Podcast

POLITICO

News, Daily News, Politics, Government

3.9699 Ratings

🗓️ 30 January 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

President Donald Trump said he will make his pick to take over as the next chair of the Federal Reserve on Friday. The announcement will end months of speculation and intrigue over who Trump wants to lead the central bank — an institution that he has attempted to exert unprecedented pressure on since he returned to office. The shortlist was narrowed down to four names under consideration — but Trump dropped a big hint about his choice on Thursday night. Playbook’s Adam Wren and White House reporter Megan Messerly dig into the dynamics surrounding the decision.

Transcript

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0:00.0

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0:05.6

along with important extra benefits and a cap on expenses, saving seniors $3,400 a year.

0:11.8

More than 35 million seniors and people with disabilities choose Medicare Advantage.

0:16.4

They are counting on policymakers to keep the bipartisan commitment to protect and strengthen it.

0:21.7

Learn more at a-h-i-p.org.

0:30.3

Today on the Playbook podcast, it's finally Fed Chair Decision Day.

0:35.5

Trump is set to announce his pick for who will lead the central bank.

0:39.6

Trump is also ratcheting up his tariff threats.

0:42.6

And in Capitol Hill, we've got a shutdown deal, sort of.

0:45.8

Hello, I'm Adam Wren.

0:47.4

And I'm Megan Messerly.

0:48.7

It's Friday, January 30th.

0:51.6

The first story driving Washington's conversation today and that of Wall Street also is the

0:57.6

impending announcement of a new Fed chair.

1:00.2

Megan Trump told reporters last night at nowhere else other than the premiere of Melania,

1:05.1

the documentary about the First Lady, that he'll make his pick for chair of the Federal

1:09.7

Reserve today.

1:12.8

That's the person who will, of course,

1:18.2

replace Jerome Powell, who the president has been at odds with when his term ends in May.

1:22.5

For those of you have been following this one for a while, it's been quite a saga. The Trump Powell relationship has been soured and has really tested the confidence of the markets

1:27.2

and the independence of the

1:29.1

central bank. Megan, we've got a short list of finalists to take over for Powell. Names that are in the

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