#WhoIsNextFedChair 🏦 Current Situation
Jerome Powell’s term as Fed Chair officially ends May 2026. He was originally appointed by Donald Trump (2018) and later re-appointed by Joe Biden. �
Reuters
President Donald Trump (as of January 2026) is close to announcing his pick for the next chair, signaling he has narrowed the field to a handful of candidates. �
Reuters
Trump has been publicly critical of Powell’s interest rate decisions and has hinted that he might not finish his term as chair, though Powell could remain a Fed governor. �
Reuters
🧑💼 Leading Potential Successors
Different news outlets and reports highlight several frontrunners — but no official nomination has been made yet:
🔹 Kevin Hassett
• Trump’s former economic adviser and head of the National Economic Council — long considered a top pick. �
• Recently, Trump indicated he might want to keep Hassett in his current role, making his nomination less certain. �
The Guardian
AP News
🔹 Kevin Warsh
• Former Federal Reserve governor and frequent name on Trump’s shortlist. Seen as more acceptable to Senate Republicans. �
AP News
🔹 Christopher Waller
• Current Fed governor also mentioned among possible successors. �
Reuters
🔹 Rick Rieder
• BlackRock executive who has impressed Trump in interviews for the role. �
Reuters
🔹 Scott Bessent (less likely)
• Treasury Secretary who helped lead the selection process but prefers to stay in his current job, reducing his chances. �
Reuters +1
⚠️ Why This Matters
The choice of Fed Chair affects:
U.S. interest rate policy
Inflation and borrowing costs
Financial markets and investor confidence
The perception of Federal Reserve independence from political pressure �
Reuters
Trump has indicated that whoever becomes Fed Chair should be willing to work closely with his economic agenda, especially on interest rate cuts — which is generating discussions among economists and markets. �
Reuters
📌 Bottom Line
➡️ No official nominee has been announced yet.
➡️ The likely next Fed Chair — to be nominated by President Trump and confirmed by the U.S. Senate — could be Kevin Hassett, Kevin Warsh, Christopher Waller, or Rick Rieder, with recent developments suggesting the decision is near. #GoldSilverAtRecordHighs #USJobsData $TRX $TON #SUİ