Jerome Powell remains the current Chair of the Federal Reserve, with his term set to expire in May 2026. President Donald Trump has not yet announced a successor, fueling speculation under the #WhoIsNextFedChair hashtag. Leading candidates include Kevin Warsh, Kevin Hassett, Christopher Waller, Michelle Bowman, and Scott Bessent.���
Top ContendersKevin Warsh, a former Fed Governor, tops prediction markets due to his alignment with Trump's economic views.�
Kevin Hassett, White House National Economic Council Director, has gained traction after recent public endorsements.��
Christopher Waller, a current Fed Governor, advocates for rate cuts that match Trump's preferences.��
Timeline and ContextTrump narrowed the list to five finalists by late 2025, with a decision expected by January 2026.��
Recent discussions highlight Stephen Miran and Rick Rieder as other possibilities amid ongoing White House preparations.��
No official appointment has occurred as of January 21, 2026.
