The Trump administration has drawn up a list of about 11 contenders to replace Jerome Powell as chair of the Federal Reserve when his four-year term expires in May, Treasury Secretary Scott Bessent said on Wednesday. Bessent, who is leading the search, told broadcasters the White House is “casting a very wide net” and currently has “10 or 11” names under review. The roster spans current Federal Reserve leadership, past policymakers and private-sector executives. Sitting officials under consideration include Vice Chair for Supervision Michelle Bowman, Vice Chair Philip Jefferson, Governor Chris Waller and Dallas Fed President Lorie Logan. Former St. Louis Fed President Jim Bullard, former governors Kevin Warsh and Larry Lindsey, former National Economic Council director Kevin Hassett and George W. Bush economic adviser Mark Sumerlin are also on the list, according to people familiar with the process. In a sign of the breadth of the search, the White House has also approached Jefferies chief market strategist David Zervos and BlackRock global fixed-income chief investment officer Rick Rieder. Bessent added that the president had even considered reappointing former Fed Chair Janet Yellen, underscoring that “it’s not ideological; it’s about what’s best for the economy.” No timeline has been set for a nomination, but officials said interviews would begin in the coming weeks.