The next Federal Reserve Chair candidate is yet to be officially announced, but the White House is set to begin interviewing potential successors to Jerome Powell this fall. Treasury Secretary Scott Bessent has reassured that the administration respects the Fed's operational independence, despite public calls for lower interest rates from President Trump.

*Key Points to Consider:*

- *Interview Process*: The White House will start interviewing candidates in fall 2025, allowing for a six-month preparation period before Powell's term ends in May 2026.

- *Respect for Independence*: Bessent emphasized that the administration will maintain the Federal Reserve's independence in setting monetary policy, while potentially seeking more dialogue on regulatory matters.

- *Potential Candidates*: No specific candidates have been officially mentioned, but Bessent mentioned that the administration is actively considering potential successors.

- *Economic Stability*: Regular meetings between Bessent and Powell indicate confidence in current economic conditions, with no significant concerns requiring emergency planning .#NextFedChairCandidate