Fed Chair Interviews to Begin Friday as Trump Selects Next Leader

The U.S. Treasury Secretary, Scott Bessent, confirmed that interviews for the next Federal Reserve Chair are expected to commence this coming Friday. He revealed that 11 candidates are currently under consideration, a diverse group encompassing both current and former Federal Reserve officials alongside private sector professionals. While names remain undisclosed, media reports have suggested potential contenders such as Michelle Bowman, Christopher Waller, Kevin Warsh, and Kevin Hassett, all of whom have been identified by media outlets. Bessent further stated he will meet with these candidates before Labor Day to narrow down the list for President Trump.