Trump's Expanded List for Fed Chair Successor

In a move that has caught the attention of both the financial and political worlds, President Donald Trump has reportedly expanded his list of potential candidates to succeed Federal Reserve Chair Jerome Powell. According to a recent Wall Street Journal report, this updated list includes some unexpected names alongside previously considered candidates.

Who's on the List?

Among the names being considered are National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller, and former Fed Governor Kevin Warsh. Adding to the intrigue, the list now also features former St. Louis Fed President James Bullard and Marc Sumerlin, who served as an economic adviser to former President George W. Bush.

Trump's Stance on Powell

Despite his previous criticisms of Jerome Powell, President Trump has made it clear that he does not intend to remove Powell before his term concludes in May 2026. This development suggests a strategic approach to the Fed's leadership transition, with a focus on ensuring stability and confidence in the U.S. economy.