Trump narrows Fed chair candidates amid tensions and market predictions
TL;DR Summary
President Trump announced that the list of candidates to succeed Fed Chair Jerome Powell has been narrowed to four, after Treasury Secretary Scott Bessent declined to pursue the role. The potential candidates include Kevin Warsh and Kevin Hassett, with Warsh considered the favorite. Trump has been critical of Powell's cautious monetary policy and is considering a replacement, amid ongoing tensions over interest rate decisions.
- Trump Says 4 Candidates Running For Fed Chair—As Treasury Secretary Bessent ‘Does Not Want’ Role Forbes
- Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank Fox Business
- Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four Reuters
- Trump Says Scott Bessent Rules Out Replacing Powell at Fed The New York Times
- Prediction markets see Hassett and Warsh as Fed chair front-runners as Trump talks up the 'Kevins' CNBC
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