White House News Trump To Nominate Bowman For Fed S Top Bank Cop, White House Official Says

Hassett emerges as frontrunner in Trump Fed chair audition

White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people ... Read More

Good chance Trump may unveil Fed pick by Christmas, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S. Federal Reserve leader, and there was a good chance President ... Read More

Trump could make a decision on a new Fed chair 'before Christmas.' See who's on the short list

President Donald Trump may announce his replacement for Fed Chair Jerome Powell by the end of the year. Read More

Treasury Sec Bessent says there's a 'good chance' Trump will announce new Fed chair by Christmas

Trump has long criticized current Federal Reserve Chairman Jerome Powell for not slashing interest rates, despite having nominated him for the post in his first term. Powell's term ends in May, and he ... Read More

Senate confirms Trump nominee Bowman to be top Fed bank regulator

Michelle Bowman, President Donald Trump’s nominee to be the top bank regulator at the Federal Reserve, has been confirmed by a full Senate vote. The Senate voted 48-46 on Wednesday evening to approve ... Read More

Treasury Secretary Scott Bessent says there’s ‘very good chance’ Trump names new Fed chair by Christmas

Trump has been eager to replace Powell – whose term expires in May 2026 – after months of blasting the Fed chairman for not slashing rates quick enough. Read More