Trump to conduct final interviews for Federal Reserve chairmanship in coming weeks
According to Financial Times, Donald Trump and Treasury Secretary Scott Bessent will hold final interviews with candidates for the chair of the US Federal Reserve System within the next two weeks. This marks a crucial step in shaping the country’s economic policy for the coming years.
Source Incrypted
The shortlist includes four candidates. The frontrunner is Kevin Hassett, director of the National Economic Council. Other candidates include former Federal Reserve Board member Kevin Warsh, Christopher Waller, Michelle Bowman, and BlackRock Fixed Income’s IT director Rick Rieder. Sources say Trump has almost made his decision. On the Kalshi platform, Hassett’s appointment is rated with a 73% probability.
Current Fed Chair Jerome Powell’s term ends in May 2026, making this appointment significant for the long-term US monetary policy.