Reported about 10 hours ago
Treasury Secretary Scott Bessent announced five candidates to replace Jerome Powell as chair of the Federal Reserve, signaling potential significant changes ahead. Candidates include current Fed governors Christopher Waller and Michelle Bowman, former governor Kevin Warsh, White House adviser Kevin Hassett, and BlackRock’s Rick Rieder. President Trump aims to make a decision by year-end amid ongoing criticism of Powell's interest rate policies.
Source: YAHOO