Part 3/7:
A significant portion of the speech focused on the Federal Reserve's leadership. Trump disclosed that a seat on the Federal Reserve Board had recently become vacant and expressed interest in filling it with a candidate he trusts—preferably someone honest and experienced in labor statistics. He highlighted that one of the current governors, who announced her resignation, reportedly disagreed with the party line on interest rates, illustrating political conflicts within the Fed.
He emphasized the importance of trustworthiness in Federal Reserve appointees, stating, "All we want is honesty." Trump also considered the duration of a possible appointment, mentioning options from short-term to a 14-year term, depending on what’s best for the country.