• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

13 December 2025 05:19  |

Trump eyes Warsh and Hassett as top contenders to replace Powell in 2026

In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council Director Kevin Hassett to lead the Federal Reserve since May 2026.

When asked if Kevin Warsh was at the top of the list Trump said “Yes, I think he is. I think you have Kevin and Kevin. They’re both—I think the two Kevins are great,” he said. “I think there are a couple of other people that are great.”

The article mentioned that Warsh was grilled over a 45 minute meeting on Wednesday at the White House in which Trump pressed Warsh on whether he could trust him to support lower interest rates.

Trump said that he though the next Fed Chair should consult with him on where to set interest rates.

Source : Fxstreet.com

Related News

FISCAL

Bessent Says BOJ Is Falling Behind the Curve, Expects Rate H...

US Treasury Secretary Scott Bessent said the Bank of Japan is falling behind the curve in addressing inflation, in a rare c...

14 August 2025 08:26
FISCAL

BOJ Officials Signal Pause in Mulling Rate Hike to Watch Tar...

Governor Kazuo Ueda and a colleague signaled the Bank of Japan will pause in considering interest-rate hikes, stressing the...

17 April 2025 15:20
FISCAL

China Cuts Key Rate, Reserve Ratio to Aid Economy Hit by Tar...

China reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to hel...

7 May 2025 10:39
FISCAL

Fed Chair Search Expands to Include Bowman, Jefferson and Lo...

The Federal Reserve’s two vice chairs, Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan are ...

12 August 2025 07:51
BIAS23.com NM23 Ai