Donald Trump to Announce New Federal Reserve Chairman Next Week
Economy
C
CNBC Awaaz•20-01-2026, 19:07
Donald Trump to Announce New Federal Reserve Chairman Next Week
- •US Treasury Secretary Scott Bessent announced that President Donald Trump might name the new Federal Reserve chairman as early as next week.
- •The announcement was made during a press conference at the World Economic Forum (WEF 2026) in Davos.
- •There are four excellent candidates for the position, with the final decision resting with President Trump.
- •The search for a successor to current Fed Chair Jerome Powell has been ongoing, led by Scott Bessent.
- •Top contenders include Rick Rieder, Kevin Hassett, Christopher Waller, and Kevin Warsh, though Trump recently expressed hesitation about Warsh.
Why It Matters: Donald Trump is expected to announce the next Federal Reserve chairman next week from four strong candidates.
✦
More like this
Loading more articles...
