Trump Indicates He May Be Narrowing Down Fed Chair Pick to 1 Candidate

BlackRock’s chief bond investment manager, Rick Rieder, is one of the leading candidates.
Trump Indicates He May Be Narrowing Down Fed Chair Pick to 1 Candidate
President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project in Washington on July 24, 2025. Chip Somodevilla/Getty Images
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President Donald Trump on Jan. 21 suggested he is narrowing down his pick for the next chair of the Federal Reserve, and he indicated that he prefers keeping White House economic adviser Kevin Hassett in his current position.

Speaking with CNBC’s Joe Kernen in Davos, Switzerland, on Jan. 21, Trump discussed the three candidates for Fed chair that he and his top aides have named publicly: BlackRock’s chief bond investment manager, Rick Rieder; Federal Reserve board member Christopher Waller; and former Federal Reserve board member Kevin ‍Warsh.

Jacob Burg
Jacob Burg
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Jacob Burg reports on national politics, aerospace, and aviation for The Epoch Times. He previously covered sports, regional politics, and breaking news for the Sarasota Herald Tribune.