Trump Initiates Final Federal Reserve Chair Interviews, Signals Preferred Candidate Amidst Selection Process

U.S. President Donald Trump has initiated the conclusive phase of interviews for the next Federal Reserve Chair, considering multiple candidates this week, as reported by Bloomberg on December 10. Speaking to reporters aboard Air Force One on Tuesday, President Trump affirmed his clear preference, stating, "We'll be looking at a number of different people, but I know very clearly who I want." Kevin Hassett, currently serving as the Director of the White House National Economic Council, is widely regarded as a frontrunner to succeed Jerome Powell as the head of the Federal Reserve, although his ultimate selection remains unconfirmed. President Trump had previously indicated an imminent decision regarding the new Fed Chair, but suggested that the public announcement might be deferred until early 2026. Scheduled meetings included President Trump and U.S. Treasury Secretary Steven Mnuchin with former Federal Reserve Governor Kevin Warsh on Wednesday, with at least one additional interview anticipated for the following week.