Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists.
Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Waller—whom Trump praised as “very good.” With Powell’s term ending in 2026, Trump is considering naming a “shadow chair” to counteract his policies and align the Fed with his low-rate agenda.
#Trump #ScottBessent #FederalReserve #JeromePowell #KevinWarsh #KevinHassett #ChrisWaller #KuglerExit #TrumpFed #InterestRates #EconPolicy #TrumpVsPowell #MonetaryPolicy #USFed #ShadowChair #FedChairRace #TrumpEconomy #Bessent #TrumpAdmin #WhiteHouseMoves #TrumpNominees #BreakingNews #CNBCInterview #Trump2025 #FedPolitics #RateCuts #PowellCriticism #USMarkets #TrumpLoyalists #FederalBoard #EconShakeup Also Read Trump Claims Canada's Recognition of Palestinian State Complicates Trade Negotiations :: https://www.oneindia.com/international/trump-uses-canada-palestinian-state-recognition-leverage-trade-talks-011-7817517.html?ref=DMDesc Trump's Ambition as a Global Peacemaker Faces Challenges Amid Gaza Ceasefire Talks :: https://www.oneindia.com/international/trump-global-peacemaker-gaza-ceasefire-challenges-011-7810943.html?ref=DMDesc Trump Condemns Brazilian Authorities for Alleged Witch Hunt Against Bolsonaro :: https://www.oneindia.com/international/trump-criticises-brazilian-authorities-witch-hunt-bolsonaro-011-7794385.html?ref=DMDesc ~HT.318~ED.103~
