🚨BREAKING: Trump has CHOSEN a NEW FED CHAIR.
— Spencer Hakimian (@SpencerHakimian) November 30, 2025
🚨 BREAKING: President Trump just decided on JEROME POWELL'S replacement as Federal Reserve Chair
"I know who I'm gonna pick!"
REPORTER: "Kevin Hassett?!"
TRUMP: "😁I'm not telling you. We'll be announcing it!"
Too Late is on his way out, FINALLY. We need more interest rate… pic.twitter.com/wmfA1vI7du
— Eric Daugherty (@EricLDaugh) November 30, 2025
Trump says he’s chosen next Fed chair as affordability pressures rise
Treasury Secretary Scott Bessent sent shortlist to president after interviewing five candidates
President Donald Trump said over the weekend that he has chosen the next Federal Reserve chair, a decision unfolding as affordability pressures continue to mount.
“I know who I am going to pick, yeah. We’ll be announcing it,” Trump told reporters on Sunday evening.
Likely frontrunners include Trump’s top economic advisor Kevin Hassett, current Federal Reserve Board Governor Christopher Waller and ex-Fed board governor Kevin Warsh.
Hassett told “Fox & Friends Weekend” that he would be “happy to serve” if tapped to succeed Federal Reserve Chairman Jerome Powell.
Powell, who was appointed by Trump in 2017, is slated to complete his term in May 2026.