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Who will be the next Fed chair?

Asked 10 hours ago

Answer

President Trump is considering Kevin Warsh and Kevin Hassett as top candidates for the next Federal Reserve chair, with Hassett currently seen as the front runner but Warsh gaining ground. Treasury Secretary Scott Besson declined the role. The final decision remains with the president, who is also weighing investor and political feedback. Chris Waller is another name mentioned, but no official announcement has been made.

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Bloomberg

Trump leaning toward Warsh or Hassett for Fed Chair: WSJ

Bloomberg · New
Bloomberg
Bloomberg
New
  • Trump names Warsh and Hassett as top Fed chair candidates 5s
  • Hassett leads in odds, but Warsh is closing the gap 13s
  • First Fed meeting with new chair set for June 17 1m 54s
  • Odds of a June rate cut rise to 50% with new chair 2m 6s
  • Supreme Court case may affect president's power over Fed appointments 2m 37s

References

Trump leaning toward Warsh or Hassett for Fed Chair: WSJ
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Bloomberg
11 hours ago
Trump leaning toward Warsh or Hassett for Fed Chair: WSJ

President Trump has narrowed the race for the next Fed chair to Kevin Hassett and Kevin Warsh, with Hassett as the front runner but Warsh gaining ground. The president may still interview additional candidates before making a final decision.

NY Fed president: Monetary policy well positioned as we head into 2026
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CNBC
14 hours ago
NY Fed president: Monetary policy well positioned as we head into 2026

Pushback has been communicated to the administration regarding Kevin Hassett, while some advocate for Kevin Warsh and others for Chris Waller as Fed chair. The president is considering the impact of his choice on interest rates, but the final decision is his.

Trump preparing to install new Federal Reserve chair
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CBS America
5 days ago
Trump preparing to install new Federal Reserve chair

President Trump is interviewing candidates to replace Jerome Powell as Fed chair, including Kevin Walsh (Warsh), a former Board of Governors member. Treasury Secretary Scott Besson declined the position, and the president may announce a decision soon as Powell's term ends.

Federal Reserve cuts interest rates by 0.25 percentage points
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CBS News
5 days ago
Federal Reserve cuts interest rates by 0.25 percentage points

President Trump is interviewing candidates to replace Powell, including Kevin Warsh, a former Fed governor. Treasury Secretary Scott Besson declined the Fed chair role, preferring to remain at Treasury; the president is reviewing candidates and may announce a decision soon.

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