Trump Names Finalists for Fed Chair Position
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BTCCSquare news:
President Donald TRUMP has identified White House economic adviser Kevin Hassett, Federal Reserve Governor Christopher Waller, and former Fed Governor Kevin Warsh as the top contenders to succeed Jerome Powell as chair of the central bank. The announcement, made during remarks in the Oval Office, signals a pivotal shift in U.S. monetary policy leadership.
Treasury Secretary Scott Bessent, previously considered a candidate, confirmed he is not seeking the role. "I'm the only person on the planet who does not want the job," Bessent stated, while overseeing the selection process. The timeline for appointing Powell's successor remains undefined as the administration conducts interviews.
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