On December 10, Bloomberg reported that US President Trump said he would begin the final round of interviews this week for potential successors to the Federal Reserve chairmanship, and would consider several candidates. Trump told reporters aboard Air Force One on Tuesday, "We'll be considering a few different people, but I'm very clear about who I want." White House National Economic Council Director Kevin Hassett remains the top choice to succeed Powell at the Fed, but his victory is not a certainty.
Trump recently stated that he would soon select a new Federal Reserve chairman, but might not announce it publicly until early 2026. Trump and Treasury Secretary Bessant will meet with former Federal Reserve Governor Kevin Warsh on Wednesday, and the two are expected to have at least one interview next week.
