President Donald Trump is weighing 11 potential successors to Federal Reserve Chair Jerome Powell, whose term ends in May, according to CNBC, citing two administration officials familiar with the deliberations. Newly disclosed contenders include Jefferies chief market strategist David Zervos, BlackRock global fixed-income chief investment officer Rick Rieder and former Fed governor Larry Lindsey. They join previously reported candidates Kevin Hassett, Kevin Warsh, Fed Vice Chair for Supervision Michelle Bowman, Fed Governor Chris Waller, Fed Vice Chair Philip Jefferson, Dallas Fed President Lorie Logan, former St. Louis Fed President James Bullard and economist Marc Summerlin. The officials said Treasury Secretary Scott Bessent will interview each candidate, narrow the field and submit a shortlist to the president. They described the selection as a "deliberative process" with no immediate timetable, suggesting Powell will complete his term even as Trump continues to criticize the incumbent’s monetary stewardship.
Donald Trump Is Thinking About Picking David Zervos Or Rick Rieder As The Next Federal Reserve Chair, Reports CNBC
Donald Trump Is Thinking About Picking Larry Lindsey as Federal Reserve Chair, According To CNBC 📈🇺🇸
Trump is considering 11 candidates for the Fed chair, including David Zervos and Rick Rieder - CNBC citing Sources https://t.co/uKnk6qH1Yf