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Fed Chair Nominees Revealed Amid Tax Bracket Changes

10/10/2025

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Summary

Story summary

Treasury Secretary Scott Bessent says the Federal Reserve chair candidate pool is five, including Christopher Waller, Michelle Bowman, and Rick Rieder.
Waller, a Federal Reserve official, urged caution about potential rate cuts.
The final nomination is expected by January, but could be delayed by Bessent's plans.
This follows the current chair's term ending in May.
Internal Revenue Service (IRS) announced 2026 income tax brackets, raising thresholds and standard deduction caps.

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Story summary

Treasury Secretary Scott Bessent says the Federal Reserve chair candidate pool is five, including Christopher Waller, Michelle Bowman, and Rick Rieder.
Waller, a Federal Reserve official, urged caution about potential rate cuts.
The final nomination is expected by January, but could be delayed by Bessent's plans.
This follows the current chair's term ending in May.
Internal Revenue Service (IRS) announced 2026 income tax brackets, raising thresholds and standard deduction caps.