US Commerce Secretary Howard Lutnick said President Trump has nearly finalized his pick for the next Fed chair, expects Fannie Mae and Freddie Mac IPOs in Q1, and forecasts strong US GDP growth and construction jobs in 2025.
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US Commerce Secretary Says Trump Has Narrowed Down Next Fed Chair Candidates

US Commerce Secretary Howard Lutnick said President Trump has nearly finalized his pick for the next Fed chair, expects Fannie Mae and Freddie Mac IPOs in Q1, and forecasts strong US GDP growth and construction jobs in 2025.

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