#WhoIsNextFedChair

The market is buzzing with speculation as Jerome Powell’s term is set to expire in May 2026. President Trump has already begun shortlisting candidates to lead the central bank.

Front-runner: Kevin Hassett (White House Economic Adviser).

Other candidates: Kevin Warsh, Christopher Waller, Michelle Bowman, and Rick Rieder (BlackRock).

The "Powell Factor": While his chair term ends, Powell can technically stay on the Board of Governors until 2028, creating potential for internal friction if he chooses not to resign.