Trump Prepares for Last Fed Chair Interview Ahead of This Month’s Selection
Market Rebellion co-founder Pete Najarian joins ‘Mornings with Maria’ to share his bullish market predictions entering 2026 and how the upcoming selection of a new Fed chair could impact the economy.
Treasury Secretary Scott Bessent has announced that President Donald Trump is nearing the final stages of selecting America’s next Federal Reserve leader, with one more interview scheduled before the decision is made.
During his address at the Minnesota Economic Club, Bessent also touched on a significant fraud scandal that has garnered national attention. He revealed that Rick Rieder, Chief Investment Officer at BlackRock Global Fixed Income, is expected to meet with Trump soon for an interview.
POWELL DECLINES TO WEIGH IN ON POTENTIAL SUCCESSORS AS TRUMP EYES NEXT FED CHAIR
The next Fed chair will take on a pivotal role in U.S. economic policymaking, responsible for overseeing interest-rate decisions and managing the central bank’s efforts to control inflation.
Trump has narrowed his shortlist to four candidates as he prepares to make a final decision regarding leadership at the Federal Reserve: Kevin Hassett, Kevin Warsh, Christopher Waller, and Rick Rieder.
Rick Rieder, chief investment officer of fixed income for BlackRock, will meet with President Donald Trump soon to discuss the role at the Federal Reserve. (Christopher Goodney/Bloomberg/Getty Images / Getty Images)
The appointment to lead the world’s most powerful central bank comes at a time when persistently high living costs are testing Trump’s economic agenda.
The Federal Reserve plays a crucial role in setting borrowing costs and influencing inflation, making it one of the most significant institutions affecting Americans’ daily affordability.
FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED
Kevin Hassett, who is Trump’s top economic adviser, is a staunch supporter of the administration’s policies. He currently serves as the director of the White House’s National Economic Council and has held two senior roles during Trump’s first term, advising the president on economic policy during the 2024 campaign.
A side by side photo of Kevin Hassett and Kevin Warsh. (Anna Moneymaker/Tierney L. Cross/Bloomberg/Getty Images / Getty Images)
On the other hand, Kevin Warsh, a former Morgan Stanley banker, has positioned himself as a vocal critic of the current Fed leadership, intensifying his critiques as he seeks to replace Federal Reserve Chair Jerome Powell. Warsh made history in 2006 as the youngest person to serve on the Federal Reserve Board of Governors.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Federal Reserve Governor Christopher Waller has consistently advocated for rate cuts, aligning with some of Trump’s demands. Among the candidates, he is recognized as the veteran academic, emphasizing the importance of maintaining an independent Federal Reserve.
Christopher Waller, governor of the U.S. Federal Reserve, has previously called for rate cuts, a move that aligns, in part, with President Donald Trump. (Al Drago/Bloomberg via Getty Images / Getty Images)
Jerome Powell is expected to complete his term in May 2026, having been appointed by Trump in 2017. Bessent, who has played a key role in shaping Trump’s shortlist for the Fed’s top position, indicated that an announcement regarding the new chair is expected by the end of the month.
Market Rebellion co-founder Pete Najarian joins ‘Mornings with Maria’ to share his bullish market predictions entering 2026 and how the upcoming selection of a new Fed chair could impact the economy.
Treasury Secretary Scott Bessent has announced that President Donald Trump is nearing the final stages of selecting America’s next Federal Reserve leader, with one more interview scheduled before the decision is made.
During his address at the Minnesota Economic Club, Bessent also touched on a significant fraud scandal that has garnered national attention. He revealed that Rick Rieder, Chief Investment Officer at BlackRock Global Fixed Income, is expected to meet with Trump soon for an interview.
POWELL DECLINES TO WEIGH IN ON POTENTIAL SUCCESSORS AS TRUMP EYES NEXT FED CHAIR
The next Fed chair will take on a pivotal role in U.S. economic policymaking, responsible for overseeing interest-rate decisions and managing the central bank’s efforts to control inflation.
Trump has narrowed his shortlist to four candidates as he prepares to make a final decision regarding leadership at the Federal Reserve: Kevin Hassett, Kevin Warsh, Christopher Waller, and Rick Rieder.
Rick Rieder, chief investment officer of fixed income for BlackRock, will meet with President Donald Trump soon to discuss the role at the Federal Reserve. (Christopher Goodney/Bloomberg/Getty Images / Getty Images)
The appointment to lead the world’s most powerful central bank comes at a time when persistently high living costs are testing Trump’s economic agenda.
The Federal Reserve plays a crucial role in setting borrowing costs and influencing inflation, making it one of the most significant institutions affecting Americans’ daily affordability.
FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED
Kevin Hassett, who is Trump’s top economic adviser, is a staunch supporter of the administration’s policies. He currently serves as the director of the White House’s National Economic Council and has held two senior roles during Trump’s first term, advising the president on economic policy during the 2024 campaign.
A side by side photo of Kevin Hassett and Kevin Warsh. (Anna Moneymaker/Tierney L. Cross/Bloomberg/Getty Images / Getty Images)
On the other hand, Kevin Warsh, a former Morgan Stanley banker, has positioned himself as a vocal critic of the current Fed leadership, intensifying his critiques as he seeks to replace Federal Reserve Chair Jerome Powell. Warsh made history in 2006 as the youngest person to serve on the Federal Reserve Board of Governors.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Federal Reserve Governor Christopher Waller has consistently advocated for rate cuts, aligning with some of Trump’s demands. Among the candidates, he is recognized as the veteran academic, emphasizing the importance of maintaining an independent Federal Reserve.
Christopher Waller, governor of the U.S. Federal Reserve, has previously called for rate cuts, a move that aligns, in part, with President Donald Trump. (Al Drago/Bloomberg via Getty Images / Getty Images)
Jerome Powell is expected to complete his term in May 2026, having been appointed by Trump in 2017. Bessent, who has played a key role in shaping Trump’s shortlist for the Fed’s top position, indicated that an announcement regarding the new chair is expected by the end of the month.
