Trump's Fed chair finalists are Hassett, Warsh and Waller
Share and Follow


Related Video: Weak August Jobs Report Flashes Major Warning Sign For Economy – 12:30 Report

President Trump confirmed Friday that his top three candidates to replace Federal Reserve Chair Jerome Powell are Kevin Hassett, Kevin Warsh and Christopher Waller.

Trump was asked by a reporter with Bloomberg News if his top three candidates were Hassett, who serves as head of the White House National Economic Council; Warsh, who previously served on the Fed board of governors; and Kevin Waller, an economics professor and current member of the Fed board.

“Yeah, I would say you could say those are the top three,” Trump responded. “Good job.”

Trump has for months telegraphed that he intends to replace Powell, whose term as chair of the central bank expires next May. Trump has relentlessly pressured Powell to lower interest rates, and some Trump allies have sought to lay the groundwork to potentially oust him.

The president has also moved to fire Lisa Cook, a member of the Fed board of governors, which would give him another opening to appoint an ally. Cook has pushed back on the attempts to remove her.

Trump has said Treasury Secretary Scott Bessent was taken out of the running to serve as chair of the Fed because he is happy with his current job.

Share and Follow
You May Also Like
Israel news: IDF says it will advance preparations for 1st phase of Donald Trump's plan to end Gaza war, return Hamas hostages

IDF to Progress Preparations for Initial Phase of Trump’s Plan to Resolve Gaza Conflict and Free Hostages

TEL AVIV, Israel — Israel’s army said Saturday that it would advance…
UK warns Palestinian protest group to stand down after synagogue attack: 'Respect the grief of British Jews'

UK warns Palestinian protest group to stand down after synagogue attack: ‘Respect the grief of British Jews’

NEWYou can now listen to Fox News articles! The United Kingdom’s government…
Israel agrees to 'initial withdrawal line' in Gaza, Trump says

Israel Agrees to Preliminary Gaza Withdrawal Line, Announces Trump

President Trump declared on Saturday that Israel has consented to an “initial…
Amy Duggar confirms she has cut ALL contact with disgraced family

Amy Duggar Reveals She’s Completely Distanced Herself from Scandal-Plagued Family Members

Amy Duggar has disclosed that she experienced repeated breakdowns and continues to…
Farmer blasts Trump's plan to dole out tariff revenue: 'Comical'

Farmer Criticizes Trump’s Tariff Revenue Distribution Plan as ‘Comical’

() Ohio farmer Chris Gibbs believes the state of play for America’s…
Deputy fired for pulling gun on teens while 'under the influence'

Deputy Dismissed for Brandishing Weapon at Teens While Intoxicated

A South Carolina sheriff’s deputy with nearly 20 years of experience has…
Nearly 3.9 million more pounds of corn dogs recalled over contamination issue

Additional 3.9 Million Pounds of Corn Dogs Recalled Due to Contamination Concerns

The original recall, issued last week, included nearly 60 million pounds of…
Trump intends to federalize 300 Illinois National Guard troops: Pritzker

Pritzker Announces Trump’s Plan to Nationalize 300 Troops from the Illinois National Guard

() Illinois Gov. JB Pritzker said he received word from the Trump…