US EditionTrump says he will announce Fed chief nominee in early 2026
The White House narrowed finalists including Fed officials and private-sector candidates for the Fed Chair role, aiming for a successor who supports lower interest rates amid persistent inflation.
- President Donald Trump will announce his nominee for Chair of the Federal Reserve in early 2026, stating he already knows who he will pick.
- Senate Banking Committee Chairman Tim Scott emphasized the need for a Fed chair who prioritizes the American people's needs above politics.
- Kevin Hassett is among the favorites for Fed chair, having previously served as Trump's economic adviser, according to reports.
- The Senate Banking Committee will review and vote on the president's nominee before full Senate confirmation occurs.
15 Articles
15 Articles
Trump Says He Will Announce Fed Chief Nominee in Early 2026
Trump Says He’ll Announce New Fed Chair ‘Early Next Year’
President Donald Trump said he plans to announce his selection to lead the Federal Reserve in early 2026 and teased National Economic Council Director Kevin Hassett as his possible choice on Tuesday, fueling further speculation about the next leader of the US central bank.
Top Senate banking leader reveals whether he will support Trump’s pick to lead the Fed
EXCLUSIVE — Senate Banking Committee Chairman Tim Scott, R-S.C., told FOX Business he will push for an "accelerated path to completion" after President Donald Trump told reporters Sunday that the president knows who he will choose to lead the Federal Reserve. The Senate Banking Committee is responsible for reviewing and voting to approve the president’s pick before the candidate goes to the full Senate for confirmation. "We need a Fed chair who …
CORRECTED-UPDATE 2-Trump says he will announce Fed chief nominee in early 2026
CORRECTED-UPDATE 2-Trump says he will announce Fed chief nominee in early 2026 President Donald Trump said on Tuesday he would be announcing his choice to succeed Jerome Powell as head of the Federal Reserve early next year, further teasing out a months-long audition process despite having said he already knows who he will pick to lead the world's most important central bank. In remarks at a cabinet meeting, Trump also said Treasury Secretary Sc…
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