Has the "crown prince" of the Federal Reserve changed hands? Trump suddenly promoted Warsh, who has jumped to the top of the shortlist for the next Federal Reserve chairman.

ME News, December 13 (UTC+8) – US President Donald Trump stated on Friday that Kevin Warsh has risen to the top of his shortlist for the next Federal Reserve Chairman, although other candidates remain in contention. Warsh, previously considered a candidate but not the frontrunner (he himself served as a Fed governor), apparently gained further favor after meeting with Trump on Wednesday. "Yes, I think he is," Trump told the media in an interview released Friday afternoon when asked if Warsh was in the lead. Regarding Kevin Hasset, the National Economic Council Director and previously widely considered a frontrunner, Trump said, "I think both Kevins are great." "I think there are several other very good candidates," he added. Hasset had previously become the leading candidate. In public, when asked about the possibility of taking the position, he has been cautious, only stating that he would accept if invited. Massachusetts Democratic Senator Elizabeth Warren said on CNBC on Thursday that she is concerned Trump might appoint a "puppet" as Federal Reserve chair to carry out his wishes. In addition to emphasizing the possibility of Warsh getting the position, Trump reiterated his past stance that the Fed chair should consult the president on interest rate decisions. This move would overturn the Fed's tradition of maintaining independence. (Source: ME)