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Trump Hints at Fed Chair Replacement, Narrows Down Candidates

Trump Hints at Fed Chair Replacement, Narrows Down Candidates

Author:

Global Cryptocurrency

Published:

2025-11-19 00:59:02

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BTCCSquare news:

President Donald TRUMP suggested he has already identified a potential successor to Federal Reserve Chair Jerome Powell, whose term expires in May 2026. "I think I already know my choice," Trump told reporters in the Oval Office, expressing a desire to replace Powell sooner but acknowledging political constraints. His shortlist reportedly includes both conventional and unexpected names.

Treasury Secretary Scott Bessent has narrowed the search to Fed Governors Chris Waller and Michelle Bowman, former Fed Governor Kevin Warsh, WHITE House National Economic Council Director Kevin Hassett, and BlackRock's CIO of Global Fixed Income, Rick Rieder. Polymarket odds currently favor Hassett with a 48% probability, followed by Waller at 20% and Rieder at 12%.

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