Potential Successors to Jay Powell as Federal Reserve Chair

Reported about 19 hours ago

As speculation mounts over President Trump's ongoing dissatisfaction with Federal Reserve Chair Jerome Powell, former Fed governor Kevin Warsh emerges as a top contender for replacement. Warsh, who previously acted as a liaison to Wall Street during the 2008 financial crisis, shares concerns about the Fed's political involvement and has advised Trump to wait until Powell’s term ends in May 2026 before making any changes. Other potential candidates include National Economic Council Director Kevin Hassett and Fed Governor Chris Waller, both of whom have expressed views that align more closely with Trump's economic perspectives.

Source: YAHOO

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