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Trump to begin interviews with Fed chair finalists this week: FT

Cointelegraph
President Trump will start interviewing finalists for the next Federal Reserve chair this week, with Kevin Hassett considered a frontrunner.

Summary

President Donald Trump is scheduled to begin interviewing finalists for the next US Federal Reserve chair this week, according to a Financial Times report. Treasury Secretary Scott Bessent presented a list of four names, including former Fed governor Kevin Warsh and National Economic Council director Kevin Hassett, who is viewed as the frontrunner. Other potential candidates include Fed governors Christopher Waller and Michelle Bowman, and BlackRock CIO Rick Rieder. Trump indicated he has a strong idea of his preferred candidate, though interviews are expected next week, with a decision likely in January. Despite Trump previously hinting at Hassett for the role, prediction market odds for Hassett have slightly declined, while Warsh's odds remain lower. Hassett has stated that if chosen, he would remain apolitical in running the Fed, relying on his own judgment even if inflation targets shifted.

(Source:Cointelegraph)