Trump Says He Has ‘Good Idea’ of Who He Wants for Fed Chair

December 9, 2025, 10:54 PM UTC

President Donald Trump said he will be looking at a couple candidates to chair the Federal Reserve, after the Financial Times reported that he would begin interviews with contenders this week.

“We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump told reporters on Air Force One on Tuesday.

White House National Economic Council Director Kevin Hassett remains the frontrunner in the race to succeed Jerome Powell atop the Fed, the FT said on Tuesday, citing unnamed administration officials. But Hassett’s selection is not guaranteed, according to the ...

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