🚨🚀 THE RACE IS ON: Trump to Name New Federal Reserve Chair!
The era of Jerome Powell is coming to an end. President Trump officially announced on December 17, 2025, that he is ready to pick a new leader for the U.S. Federal Reserve—and the stakes for the economy couldn't be higher. 📈
The Litmus Test? Interest Rates. 📉
Trump’s message is clear: he wants a nominee who believes in slashing interest rates "by a lot." He’s also pushing for a closer relationship between the Oval Office and Fed policy decisions.
Who’s on the Shortlist?
Treasury Secretary Scott Bessent has narrowed the field from 11 candidates down to 5. Here are the frontrunners:
🔻Kevin Hassett: Current NEC Director and the betting market favorite.
🔻Kevin Warsh: Former Fed Governor with deep banking ties.
🔻Christopher Waller: A current Fed Governor who met with Trump this week.
🔻Michelle Bowman & Rick Rieder: Also in the mix for the top spot.
What’s Next? 🗓️
While Powell’s term doesn’t officially expire until May 2026, Trump indicates the official announcement will land in early 2026. Expect a heated Senate confirmation battle as the administration looks to reshape U.S. monetary policy. 🇺🇲
What do you think? Should the Fed remain independent, or should the President have a direct say in interest rates?
Let’s discuss in the comments! 👇