Trump Gears Up for Crucial Fed Chair Interviews

U.S. President Donald Trump will conduct final interviews for the Federal Reserve chair position. Scheduled to meet former governor Kevin Warsh, Trump is planning the selection for May. Kevin Hassett is a prominent candidate to succeed Jerome Powell, according to administration officials.

In a critical move to shape U.S. monetary policy, President Donald Trump is preparing for final interviews to appoint the next Federal Reserve chair, marking a significant decision point as reported by the Financial Times on Tuesday.

Sources indicate Trump, alongside Treasury Secretary Scott Bessent, is set to confer with former Fed governor Kevin Warsh this Wednesday. This potential appointment comes amid a brewing shift in economic strategizing at the Federal Reserve.

Meanwhile, National Economic Council director Kevin Hassett remains a leading contender to replace Jerome Powell in May, administrative insiders disclosed, though Reuters has yet to verify these claims independently.

(With inputs from agencies.)