🔥Trump may announce the new Federal Reserve Chair candidate in the first week of January 2026
According to sources, the official announcement could be as early as next week (first week of January),
with top contender Kevin Hassett (Trump's staunch economic advisor) being the most popular choice. He also served as the Chair of the CEA during Trump's first term and strongly supports Trump's tariff + low interest rate policies.
Powell's full term as a Federal Reserve governor runs until January 2028, so even if he steps down as Chair, he may continue to serve as a governor (historically, many former Chairs have done the same).
More news is expected to be released later, and Wolfdao will continue to monitor.
