Trump's Fed Chair Pick: A Three-Way Race
Update: 2025-11-25
Description
President Trump hints at early Federal Reserve chair replacement, with Treasury Secretary Scott Bessent leading interview process. Shortlist includes Chris Waller, Michelle Bowman, Kevin Warsh, Kevin Hassett, and Rick Rieder. Steve Moore sees a three-person race involving Warsh, Hassett, and Bessent. Analysts suggest Warsh and Hassett have edges, with Waller as a potential compromise. Markets may underreact to potential loss of central bank independence.
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