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Fed Chair "Shortlist of Four" Emerges, Trump to Make Final Choice in January

2026-01-12 15:18

Odaily According to sources cited by Fox Business, US President Donald Trump will interview Rick Rieder, BlackRock's Global Chief Investment Officer of Fixed Income, this week to assess his potential as the next Federal Reserve Chair. This will be the fourth and final interview for candidates to succeed current Fed Chair Jerome Powell. Besides Rieder, the final shortlist includes former Fed Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and Fed Governor Christopher Waller. Fed Governor Michelle Bowman is no longer a candidate for the position. Trump stated that he will make the final selection in January. If Trump's chosen candidate is not currently a member of the Federal Reserve Board of Governors, that individual must first join the Board. (Jin10)