President Trump signalled he has likely settled on his preferred candidate for the next Federal Reserve chair, telling reporters in the Oval Office, “I think I already know my choice,” though he declined to say who it is.
The Wall Street Journal with the snippet. Adding:
- Treasury Secretary Scott Bessent has been conducting interviews with contenders to replace Jerome Powell when his term ends next year.
- Bessent told Trump that he will soon meet the finalists for the role.
- Those in the running include National Economic Council Director Kevin Hassett and former Fed governor Kevin Warsh.
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Separately, Fox 'news' cites Bessent saying trump might name the new Fed Chair prior to Christmas.
