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Trump Interviews Waller for Fed Chair; Hassett Leads Race

12/20/2025

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Summary

Story summary

U.S. President Donald Trump interviewed Federal Reserve Governor Christopher Waller as part of the Fed chair search to replace Jerome Powell.
The meeting focused on labor and included Treasury Secretary Scott Bessent.
Waller received positive feedback but is not the frontrunner; Kevin Hassett (National Economic Council Director) and Kevin Warsh (former Fed Governor) lead the list.
Trump favors a chair who supports lower rates.

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Story summary

U.S. President Donald Trump interviewed Federal Reserve Governor Christopher Waller as part of the Fed chair search to replace Jerome Powell.
The meeting focused on labor and included Treasury Secretary Scott Bessent.
Waller received positive feedback but is not the frontrunner; Kevin Hassett (National Economic Council Director) and Kevin Warsh (former Fed Governor) lead the list.
Trump favors a chair who supports lower rates.