Top potential candidates to succeed Jerome Powell
1- Kevin Warsh
About Warsh
Warsh is currently considered one of the top candidates. He served as a member of the Federal Reserve Board from 2006 to 2011 and played a prominent role during the global financial crisis. He is known for his hawkish stance on inflation and his criticism of quantitative easing policies. He has close ties to President Trump and they have discussed the possibility of his appointment to this position.
2- Christopher Waller
About Christopher
Current member of the Federal Reserve Board of Governors. He is known for supporting interest rate cuts in case of economic stability, and may be a suitable option if Trump wishes to change leadership before Powell's term ends.
3- Michelle Bowman
About Michelle
Currently holds the position of Vice Chair for Supervision at the Federal Reserve, having been nominated by Trump in March 2025. She is considered a conservative voice on the board and may be a strong candidate for the position.
4- Kevin Hassett
About Kevin
Former chairman of the Council of Economic Advisers under Trump. He is known for his pro-tax cut and expansionary monetary policy positions, making him a potential candidate.
5- Lawrence Kudlow
About Lawrence
Former economic adviser to Trump. He is considered a supporter of free market policies and tax cuts, and may be among the names proposed for the position.
Notes,
While Kevin Warsh is currently the frontrunner, the final decision will depend on the balance of economic experience,
and political alignment with Trump's requirements and desires, and it is expected that the U.S. administration and Trump’s aides will begin interviewing candidates in the third quarter of 2025, which means two more months from now in preparation for a smooth transition in Federal leadership.$BTC