Federal Reserve Chairman potential candidate Bullard: If elected, will seek to break the "groupthink"

Wallstreetcn
2025.08.13 15:11
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Former President of the Federal Reserve Bank of St. Louis, James Bullard, stated that if elected as Chairman of the Federal Reserve, he would seek to break the "groupthink." He believes that Congress will not consider revising the Federal Reserve Act, and the candidate interview process of the Trump administration is ongoing. Bullard's remarks led to the S&P 500 index giving up its gains, the Nasdaq 100 index turning negative, while the yields on both the 10-year and 2-year U.S. Treasury bonds declined