Story perspectives

Trump's Influence Looms Over Fed Chair Shortlist Decisions

10/11/2025

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Summary

Story summary

Treasury Secretary Scott Bessent has narrowed the Federal Reserve chair shortlist to five candidates—Michelle Bowman, Christopher Waller, Kevin Hassett, Kevin Warsh, and Rick Rieder—with further interviews likely after Thanksgiving.
President Donald Trump has criticized Federal Reserve Chair Jerome Powell over policy and may influence the final decision.
Bowman and Waller align with Trump's priorities, advocating rate cuts.
Warsh has echoed Trump's call for a "regime change" at the Fed.

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Story summary

Treasury Secretary Scott Bessent has narrowed the Federal Reserve chair shortlist to five candidates—Michelle Bowman, Christopher Waller, Kevin Hassett, Kevin Warsh, and Rick Rieder—with further interviews likely after Thanksgiving.
President Donald Trump has criticized Federal Reserve Chair Jerome Powell over policy and may influence the final decision.
Bowman and Waller align with Trump's priorities, advocating rate cuts.
Warsh has echoed Trump's call for a "regime change" at the Fed.