{"id":165294,"date":"2025-08-06T13:47:34","date_gmt":"2025-08-06T10:47:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=165294"},"modified":"2025-08-06T13:47:34","modified_gmt":"2025-08-06T10:47:34","slug":"trump-narrows-fed-chair-search-to-four-candidates-as-powell-era-nears-crossroads","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trump-narrows-fed-chair-search-to-four-candidates-as-powell-era-nears-crossroads\/","title":{"rendered":"Trump Narrows Fed Chair Search to Four Candidates as Powell Era Nears Crossroads"},"content":{"rendered":"<p>In a recent CNBC interview, Trump confirmed that two prominent names under serious consideration are Kevin Hassett and Kevin Warsh, though he declined to name the other two contenders.<\/p>\n<p>Trump praised both Hassett, the current Director of the National Economic Council, and Warsh, a former Federal Reserve Governor, saying, \u201cKevin and Kevin, both Kevins, are very good.\u201d He also ruled out Treasury Secretary Scott Bessent as a candidate, stating that Bessent prefers to stay in his current role.<\/p>\n<h2>Shifting Tone Toward Powell<\/h2>\n<p>Trump\u2019s evolving stance comes after years of tension with current Fed Chair Jerome Powell, whom he has criticized for being too slow on interest rate cuts. Although Trump previously floated the idea of removing Powell, he now acknowledges legal constraints following a Supreme Court ruling that bars firing a Fed chair without cause.<\/p>\n<p>Still, his public criticisms continue. Trump recently accused Powell of mismanaging the central bank\u2019s resources, pointing to a $2.5 billion Fed renovation project as evidence of poor oversight.<\/p>\n<h2>Strategic Openings Following Fed Governor Resignation<\/h2>\n<p>The recent departure of Fed Governor Adriana Kugler has created an opening Trump may use to realign the Fed\u2019s leadership. When asked if her replacement could ultimately become chair, Trump replied, \u201cIt\u2019s a possibility,\u201d hinting at a broader strategy to shape the future of U.S. monetary policy.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-165242\" href=\"https:\/\/cryptodnes.bg\/en\/coinbase-eyes-2-billion-capital-raise-after-earnings-miss-and-stock-slump\/\" title=\"Coinbase Eyes $2 Billion Capital Raise After Earnings Miss and Stock Slump\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/coinbase-5-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Coinbase Eyes $2 Billion Capital Raise After Earnings Miss and Stock Slump<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<h2>Meet the Frontrunners<\/h2>\n<p>Kevin Hassett, a longtime Trump ally and former chairman of the Council of Economic Advisers, has deep roots in conservative economic circles. He returned to the White House during the pandemic to help craft economic policy and has been vocal about bureaucratic resistance to Trump\u2019s agenda. His current leadership of the National Economic Council positions him at the core of the administration\u2019s economic planning.<\/p>\n<p>Kevin Warsh, now a senior fellow at the Hoover Institution, has emerged as one of Powell\u2019s most prominent critics. A former Fed governor until 2011, Warsh has pushed for faster interest rate reductions and recently proposed a modern Treasury-Fed accord to better align central bank actions with national economic goals. Trump has described Warsh as \u201cvery highly thought of,\u201d reinforcing speculation that he may be a leading contender.<\/p>\n<p>As Trump prepares for a possible second term, reshaping the Federal Reserve could become a defining move in his broader economic agenda.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump has revealed that his shortlist for the next Federal Reserve Chair is down to four individuals, a move that signals a potential turning point in U.S. monetary policy leadership.<\/p>\n","protected":false},"author":7,"featured_media":33390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[243,122],"coin_category":[],"class_list":["post-165294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-federal-reserve","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump Narrows Fed Chair Search to Four Candidates as Powell Era Nears Crossroads<\/title>\n<meta name=\"description\" content=\"President Donald Trump has revealed that his shortlist for the next Federal Reserve Chair is down to four individuals, a move that signals...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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