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Events / Political / Trump to Name New Fed Chair
Domestic Fed chair selection

Trump to Name New Fed Chair

Analysis based on 6 articles · First reported Nov 25, 2025 · Last updated Nov 26, 2025

Sentiment
0
Attention
8
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The potential appointment of a new United States — Federal Reserve chair by Donald Trump could lead to a significant shift in monetary policy, particularly regarding interest rates. This uncertainty and potential for more aggressive rate cuts could impact bond markets, currency valuations, and overall economic growth expectations in the United States.

Financial services Banking Government
Event Summary

Treasury Secretary Scott Bessent announced that President Donald Trump is likely to name a new United States — Federal Reserve chair before Christmas. Bessent is leading the search for a successor to current chair Jerome Powell, whose term ends in May 2026. Donald Trump has been a vocal critic of Jerome Powell's cautious approach to interest rate reductions and has expressed a desire for the United States — Federal Reserve to adopt a simpler, more background role in the economy. The list of finalists for the position reportedly includes Kevin Hassett, Kevin Warsh, Rick Rieder of BlackRock, and current United States — Federal Reserve Governors Christopher Waller and Michelle Bowman. The Federal Open Market Committee is currently divided on whether to approve a third consecutive rate cut at its December meeting, further highlighting the significance of the upcoming leadership change.

Entities Involved
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Christopher Waller
Importance 0.0 Sentiment 0.0
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Rick Rieder
Importance 0.0 Sentiment 0.0
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Kevin Hassett
Importance 0.0 Sentiment 0.0
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Michelle Bowman
Importance 0.0 Sentiment 0.0
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BlackRock
Importance 0.0 Sentiment 0.0
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Kevin Warsh
Importance 0.0 Sentiment 0.0
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Jerome Powell
Importance 0.0 Sentiment 0.0
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Scott Bessent
Importance 0.0 Sentiment 0.0
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United States
Importance 0.0 Sentiment 0.0
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United States — Federal Reserve
Importance 0.0 Sentiment 0.0
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Donald Trump
Importance 0.0 Sentiment 0.0
Relationships
Christopher Waller related ↔ Kevin Warsh
Christopher Waller related ↔ Jerome Powell
Christopher Waller related ↔ United States
Christopher Waller related ↔ United States — Federal Reserve
Kevin Hassett related ↔ Kevin Warsh
Kevin Hassett related ↔ Jerome Powell
Kevin Hassett related ↔ United States
Kevin Hassett related ↔ United States — Federal Reserve
Michelle Bowman related ↔ United States
Michelle Bowman related ↔ United States — Federal Reserve
BlackRock related ↔ United States
BlackRock related ↔ United States — Federal Reserve
Kevin Warsh colleague ↔ Jerome Powell Kevin Warsh is the incoming Federal Reserve Chair who is succeeding Jerome Powell, though he will have to navigate Powel
Kevin Warsh related ↔ Scott Bessent
Kevin Warsh related ↔ United States
+ 7 more relationships View on Dashboard
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