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Trump Set to Begin Final Interviews for Next Federal Reserve Chair

Trump Set to Begin Final Interviews for Next Federal Reserve Chair. Source: Tim Evanson, CC BY-SA 2.0, via Wikimedia Commons

U.S. President Donald Trump is preparing to launch a final round of interviews as the administration moves closer to selecting the next Federal Reserve chair, according to a report from the Financial Times. The selection process, which will shape the direction of U.S. monetary policy, is drawing heightened attention from financial markets and economic observers.

The report indicates that Trump and Treasury Secretary Scott Bessent are scheduled to meet with former Federal Reserve governor Kevin Warsh. The interview, expected to take place on Wednesday, signals that Warsh remains a key contender in the ongoing search. Citing three senior administration officials, the Financial Times noted that Warsh’s experience at the Fed and long-standing involvement in financial policy make him a serious candidate as the White House evaluates its options.

However, insiders also claim that National Economic Council Director Kevin Hassett continues to be the frontrunner to succeed Jerome Powell when Powell’s term ends in May. Hassett, known for his economic expertise and advisory role within the administration, is reportedly favored for his policy alignment and familiarity with the president’s economic agenda. His position at the top of the shortlist suggests the administration may prioritize continuity paired with a more growth-focused approach to future monetary decisions.

While Reuters has not yet independently verified the report, the development underscores growing speculation regarding who will lead the Federal Reserve during a critical period for the U.S. economy. With inflation trends, interest-rate strategy, and financial stability at stake, investors are closely watching signals from the White House.

As the final interviews commence, anticipation continues to build over Trump’s ultimate choice—one that will significantly influence the nation’s economic trajectory and central bank policy in the years ahead.

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