Overview
- Speaking at a Washington investment forum, Trump said he would "love to fire" Jerome Powell and pressed for a faster search, though the chair’s term runs to May 2026 and removal requires cause.
- Trump told reporters he believes he already knows whom he wants to nominate to lead the Federal Reserve.
- Bessent reiterated he will not take the job and is continuing to manage the selection process.
- The finalist list includes Kevin Hassett, Kevin Warsh, Christopher Waller, Michelle Bowman and Rick Rieder.
- Bessent said another interview round is underway, the president plans to meet three finalists in mid-December, and a pick is targeted before Christmas as prediction markets lifted Kevin Hassett’s odds into the mid-to-high 40% range.