US EditionTrump’s Fed chair finalists are Hassett, Warsh and Waller
Trump's finalists for Federal Reserve chair reflect his push for aggressive rate cuts amid four consecutive weak U.S. job reports, with only 22,000 jobs added in August, Labor Department said.
- On Friday, President Donald Trump named Kevin Hassett, Kevin Warsh and Christopher Waller as his top three contenders to succeed Jerome Powell, confirming the shortlist in an exchange with a Bloomberg reporter.
- The U.S. Labor Department reported businesses added just 22,000 jobs in August, with the unemployment rate rising to 4.3%, highlighting a slowing U.S. labor market.
- Kevin Hassett is known as director of the White House National Economic Council and supports Trump's tariffs, while Kevin Warsh has called for `regime change` at the Fed and Christopher Waller is an institutionalist Fed board member.
- Markets reacted as longer-term U.S. bond yields fell on shortlist news, while Treasury Secretary Scott Bessent has been ruled out and confirmed he was not interested in the Fed chair post.
- Trump's shortlist follows months in which the Federal Reserve has been cautious over tariffs, while Chair Jerome Powell's recent focus on labor-market weakness signals support for a quarter-point interest-rate cut.
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US President Donald Trump has officially announced the three candidates shortlisted to take over the gavel from Jerome Powell…
America First Report
economiccollapse.reportPresident Trump Has Three Names in Mind to Replace Fed Chair Jerome Powell
President Donald Trump laid out his preferences for the Federal Reserve’s top job on Friday, naming three individuals he sees as strong contenders to take over from Jerome Powell when the current chair’s term expires in May 2026. In a direct exchange with reporters, Trump outlined his thinking: “I am considering former Fed board member Kevin Warsh, current Fed board member Christopher Waller, and National Economic Council Director Kevin Hassett …
Trump says Hassett, Warsh and Waller are finalists for Fed chair
President Donald Trump said he saw White House economic adviser Kevin Hassett, Federal Reserve Governor Christopher Waller and former Fed Governor Kevin Warsh as the finalists to replace the central bank’s chair, Jerome Powell. “You could say those are the top three,” Trump told reporters in the Oval Office. Earlier, Trump indicated that while he had some idea of who he wanted to pick for the position, he was committed to an interview process. …
Who Will Be the Next Fed Chair? Trump’s Shortlist Emerges
President Donald Trump is reportedly considering three finalists to succeed Jerome Powell as Federal Reserve chair. Trump has publicly expressed dissatisfaction with Powell throughout the year, particularly regarding the Fed’s interest rate policy. Treasury Secretary Scott Bessent, involved in the selection process, has criticized the Federal Reserve’s “policymaking arrogance” for leading to errors and has […] The post Who Will Be the Next Fed C…
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