Trump signalled he has already decided who next Fed Chair will be, but doesn’t drop a name


President Trump signalled he has likely settled on his preferred candidate for the next Federal Reserve chair, telling reporters in the Oval Office, “I think I already know my choice,” though he declined to say who it is.

The Wall Street Journal with the snippet. Adding:

  • Treasury Secretary Scott Bessent has been conducting interviews with contenders to replace Jerome Powell when his term ends next year.
  • Bessent told Trump that he will soon meet the finalists for the role.
  • Those in the running include National Economic Council Director Kevin Hassett and former Fed governor Kevin Warsh.

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Separately, Fox ‘news’ cites Bessent saying trump might name the new Fed Chair prior to Christmas.



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