US EditionTrump’s Team Expands Search for Fed Chair
UNITED STATES, AUG 7 – Trump's shortlist includes four candidates with varying views on Fed independence, with market analysts favoring continuity under Christopher Waller, according to multiple investor sources.
- On Friday, President Trump’s team is reviewing new contenders to lead the Federal Reserve, including Kevin Hassett and Kevin Warsh, WSJ reported.
- On Thursday, Trump moved to fill an unexpected vacancy after Governor Adriana Kugler unexpectedly resigned from the Fed’s seven-member board.
- As the process unfolded, Treasury Secretary Scott Bessent was put in charge of running the process after Trump said he had a short list of four finalists, including Hassett and Warsh.
- Once Trump names his pick, more than 90% of the market reaction to Powell’s statements would disappear, and responses may vary based on the nominee’s perceived alignment with Trump.
- As markets anticipate a leadership shift, Powell’s guidance risks becoming moot if a 'phantom Fed chair' is named months ahead of May 2026, WSJ reported.
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Trump’s Team Expands Search for Fed Chair
“President Trump’s team is reviewing new contenders to be the next chairman of the Federal Reserve, with a longtime economic consultant and a past Fed president added to the list,” the Wall Street Journal reports. “About 10 people are under consideration for the job.”
·New York, United States
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Coverage Details
Total News Sources11
Leaning Left1Leaning Right1Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
14%
C 71%
14%
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