#NextFedChairCandidate

Federal Reserve Chair, as President Trump weighs succession ahead of Jerome Powell's term end in May 2026.

Trump may announce a replacement as early as summer or fall 2025—nearly a year ahead of Powell's term expiry—to shape market expectations .

The nominee must be confirmed by the Senate, and Fed Chair removal without cause is legally restricted, so Powell is likely to serve his full term barring major developments .