🚨 What is REAL and confirmed so far:
🔹 Trump is actively selecting the next President of the Federal Reserve
• Current President Jerome Powell's term ends in May 2026, and Trump has stated he will not renominate him.
🔹 There is no official nomination yet.
• Although there is intense speculation, there is no final announcement of the nominee. Trump plans to make the official announcement in early 2026, not today or this week.
🔹 The list of finalists is very clear and public:
The main candidates in the running are:
• Kevin Hassett (Trump's economic advisor)
• Kevin Warsh (former Fed governor)
• Christopher Waller (Fed governor)
• Michelle Bowman (Fed supervision vice president)
• Rick Rieder (BlackRock)
This has been confirmed by Treasury officials and media.
🔹 Trump has publicly commented on the candidates, but has not officially named any.
• Trump has said there could be "a candidate in mind," but has not revealed who it will be.
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📊 About Kevin Hassett specifically:
🔸 Hassett has been strongly mentioned in the media as one of the favorites, and even Trump joked that he is a "potential candidate."
🔸 Hassett publicly insists that the Fed must be independent of the White House, although he also says he would talk to Trump about monetary policy if he were Fed President.
🔸 There is resistance even within Trump's circle and from some advisors, worried that Hassett is too close to the president.
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🔥 What is NOT real (even if it sounds exciting):
❌ There is no "imminent bomb" or surprise announcement TODAY about the Fed.
❌ No decision has been made or signed.
❌ Trump cannot simply "order" that rates be changed — the Fed remains constitutionally independent and has its own monetary policy committee.
