Report: Federal Reserve Governor Waller becomes the Trump team's top choice to succeed Powell

Wallstreetcn
2025.08.07 14:37

Advisors to President Trump are searching for a successor to Powell, and according to informed sources, Federal Reserve Governor Christopher Waller is gradually becoming the top candidate. They are impressed by his willingness to take policy actions based on forecasts rather than current data, and they value his deep understanding of the entire Federal Reserve system. Waller has already had discussions with the presidential team about the position but has not yet met with Trump himself. Former Federal Reserve official Kevin Warsh and National Economic Council Director Kevin Hassett are also contenders for the chairmanship. (Bloomberg)

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