US EditionTrump names Warsh, Hassett as top Fed chair contenders, wants consultation on rates, WSJ reports
Trump favors former Fed governor Warsh and NEC director Hassett to drive rates near 1% and asserts he should be consulted on monetary policy decisions.
- On Friday in the Oval Office, President Donald Trump said he is deciding between National Economic Council Director Kevin Hassett and former Federal Reserve governor Kevin Warsh, stating, `I think you have Kevin and Kevin. I think the two Kevins are great`.
- President Donald Trump is prioritizing nominees who support monetary loosening, aiming to push rates down to 1% or less to manage the financing of $30 trillion national debt.
- On Kalshi, Warsh's odds jumped to as high as 40% from about 15% after Trump's comments, while Hassett's probability fell from about 71 to 62%, with prediction markets moving immediately after the Friday interview.
- The competition has narrowed to two primary candidates, Hassett and Warsh, while other contenders including Governors Christopher Waller, Michelle Bowman and Rick Rieder have been eliminated on Kalshi.
- The timing follows the Federal Reserve's quarter-point cut to a benchmark rate range of 3.5% to 3.75%, and Trump reiterated that the Fed chair should consult the president on rate policy.
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37 Articles
Trump says he is leaning toward Warsh or Hassett to lead the Fed, WSJ reports
U.S. President Donald Trump said on Friday he has narrowed his search for a new Federal Reserve chair to two people and he should at least be consulted on decisions about interest rates, in what would be an unusual development.
Donald Trump narrows down Fed Chair picks to take over after Jerome Powell — Who are Kevin Hassett and Kevin Warsh?
United States President Donald Trump has reportedly narrowed his choice to take over the Federal Reserve Chair position from Jerome Powell to two choices — Kevin Warsh and Kevin Hassett. But he has said he likes “all” the candidates in the running.
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The Daily BeastTrump Deciding Between Two Kevins to Lead Fed
President Donald Trump has set up a battle of the Kevins in the race to succeed Jerome Powell as Fed chair in 2026. “I think you have Kevin and Kevin,” Trump, 79, told The Wall Street Journal on Friday. “They’re both—I think the two Kevins are great. I think there are a couple of other people that are great.” Trump was referring to former member of the Federal Reserve Board of Governors Kevin Warsh and National Economic Council Director Kevin Ha…
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