Fed Chair Succession Plan: Who Could Take Powell’s Seat in 2026 or Sooner?
President Trump is considering removing Federal Reserve Chair Jerome Powell before his term ends in May 2026. According to sources close to the administration, former Fed governor Kevin Warsh is the frontrunner to replace Powell if a change occurs. Warsh, who served during the 2008 financial crisis under Ben Bernanke, has publicly stated that the …