President Trump’s search for a new Fed Chair has reportedly narrowed to a few contenders
Former Governor Kevin Warsh and NEC Director Kevin Hassett have emerged as frontrunners
The move comes amid Trump’s escalating public criticism of current Chair Jerome Powell
President Donald Trump’s search for a new Federal Reserve Chair has zeroed in on the ‘Two Kevins,’ former Fed Governor Kevin Warsh and National Economic Council Director Kevin Hassett, as the leading candidates to replace Jerome Powell. The sped-up selection process reflects the mounting tension between the White House and the central bank over interest rates.
Trump’s growing impatience with Powell’s data-driven caution was made clear during a recent NATO press briefing, where he openly criticized the Fed Chair’s performance. By floating potential replacements now, the administration is signaling its firm intent to install new leadership at the earliest opportunity.
Trump’s Shortlisted Candidates
According to recent statements to reporters, President Trump has identified three or four potential replacements for Powell and expects to make a formal announcement by late summer or early f…
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