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Trump’s next fight is the one that could really shake markets

The battle over who should be the next US Federal Reserve chairman is part of a problem that just won’t go away: the American debt crisis.

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Donald Trump may have moved from dropping actual bombs in the Middle East to dropping F-bombs, but don’t think for a moment he’s not still spoiling for a fight.

Only this time, his next target can be found in Washington, inside the ivory tower known as the US Federal Reserve.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/trump-s-next-fight-is-the-one-that-could-really-shake-markets-20250625-p5ma3l