Bessent is honored with the examination with the appearance of a brief list of Powell’s successors

As president Donald Trump Its focus focuses on the federal reserve, and the names on its radar to lead the most powerful central bank in the world.

Tensions between Trump and Federal Reserve They reached a boiling point in recent months, which are fueled by conflicts over interest rate decisions, and the high costs of renewal in their main offices in Washington, DC, Mortgage fraud allegations The involvement of a member of the sitting council.

Bessant Treasury says that the interviews related to possible federal reserve chairs will start on Labor Day

Trump has placed the blame directly on the chairman of the Federal Board Jerome Powell His term continues at the head of the central bank in the country until May 2026. In recent months, the president has increased his campaign to pressure, publicly held Powell and the use of personal insults to express his frustration with federal reserve decisions. Trump previously thought of shooting Powell, who nominated him for the current role in 2017, but he finally retreated.

Since then, the Treasury Secretary Scott bet I started interviewing with the Trump radar for Powell.

Below is a look at who can become the upcoming Federal Reserve Chair in the country.

Vice President of the Federal Reserve for Supervision, Michel Bowman

Michelle Bowman is currently the vice -president of the Federal Reserve for Supervision, a role he places at the top of the agenda of the Federal Reserve and supervise the most powerful banks in the country. The situation is closely compatible with Trump’s priorities, especially its focus on reducing waste, fraud and organizational burdens.

BESSENT determines the traits he is looking for while he is in a short period of TROMP Trump Fed

Bowman, who votes next to Powell, broke with him recently and called for a reduction in prices.

If it is exploited and confirmed by Congress, it will become the second woman who heads the central bank. Janet Yellen She was the first woman to hold the role.

The ruler of the Federal Reserve, Christopher and Warr

Christopher Waller, a current member of the Board of Directors of the Federal Reserve, has previously called for price cuts, a partially in line with Trump’s demands.

Wald was slowly cited spending on consumer and gains in the labor market, and settled for reasons to reduce prices. Trump processing commerce Plitz said, Waller said that the Federal Reserve should “consider the effects of customs tariffs,” adding that the effect on inflation rates will be temporary.

In a three -decade opposition, two conservatives in the Federal Reserve wanted to reduce interest rates and here is the reason for this

Among Trump’s potential candidates for Powell is the veteran academic Wallet of the group. He also repeated the importance of maintaining an independent federal reserve.

Like Powman, Voice Walir Big with Powell. He repeated the importance of maintaining an independent federal reserve.

Federal Reserve Chairman in Dallas Lori Logan

Lori Logan became the head of the Federal Reserve in Dallas in 2022, making her the first woman to hold this role. Natural Native is also a veterans at the Federal Reserve in New York.

In July, she said it was “possible” for the weakest labor market to lead to potential price cuts “somewhat soon”, although it stressed a cautious approach as long as the data received remained mixed.

With its potential filtering focus, Logan has recently commented on the expectations of monetary policy or economics.

Previous- Saint Louis Federal Reserve, President James Pollard

Jim Pollard, former Federal Reserve Chairman in St. Louis, told Bloomberg News earlier this month that he spoke to Bessent about the role of the Federal Reserve Chairman.

“I was under the impression that the operation was still under construction to conduct an interview with all these candidates, and at this stage we can discuss in more detail,” Pollard to Bloomberg in an interview on August 13. “Therefore, I just said that I will be happy to participate in this process.”

A look at the battle that reveals between Trump and Powell on the federal reserve policy

On August 12, Pollard told August that he would accept the job if “we have put it for success.”

“If we are able to protect the value of the dollar … it will give us lower interest rates over time, if we aim for low and stable inflation and respect for the independence of the institution,” Pollard said.

Pollard became the dean of the Daniels College of Business at the University of Bordeaux after a period of 15 years at the Federal Reserve in St. Louis.

Stephen Miran

Trump nominated Stephen Miran to join the Federal Reserve Council in August after the announcement of the ruler Adriana Kogler that she was resigning.

Trump described the departure of Kogler as a “pleasant surprise” and soon called Miran as a successor. Miran, who was previously chaired by the Economic House of Economists at the White House and holds a PhD in Economics from Harvard University, is a long veterans in Trump’s departments.

Trump’s alternative to Fed seat; She is still looking for permanent appointment

In a social position on August 7, Trump said Miran would work until January 31, pending the confirmation of the Senate. “Meanwhile, we will continue to search for a permanent alternative,” he added.

Director of the National Economic Council, Kevin Haysate

Kevin Haysit, the Trump’s chief economic advisor, was a loyal defender of Trump’s economic agenda and is currently working as director of the National Economic Council of the White House. Hiacet Doreen contract during the first Trump administration and Trump advised Ali Economic policy During the 2024 presidential campaign.

Trump has already described Haysit as “wonderful” when the reporters were asked if he could succeed Powell. Trump told CNBC at an interview on August 5, although he also believed that a Haysite competitor was Kevin “very good”.

“Sometimes they are all very good, until you put them there, then they don’t do it well,” Trump said, adding, “I think he is a very good man. I would like to say Kevin and Kevin, both are very good.”

Former Federal Reserve Governor Kevin Warb

Kevin Wrash climbed to the Federal Reserve Council in 2006. At that time, former Morgan banker Stanley was the youngest person to join the Federal Reserve.

Among the main candidates were their place Soften In 2018 before Trump finally appointed Powell for this role. Recently, the former Morgan Stanley banker has been a great choice for the Treasury Secretary in Trump’s second administration before BESSENT He was nominated.

In recent interviews, Warsh has renewed invitations to change the system at the Federal Reserve, saying that “the widespread behavior of the monetary policy has been broken for a long time.”

“Kevins” traders are betting that are the choices of the Trump chair in the federal reserve

“This is not the first time in the past decade that I heard about it says we need a change in the Federal Reserve system. It is not only about someone, but rather a approach to the economy and a approach to what they are doing,” Warsh said during an interview with CNBC on July 17.

A scale and workshops, which resigned from the Federal Reserve in 2011, were widely recognized as the main connection of the Federal Federal Makers to Wall Street during the 2008 financial crisis. He also served as an economic advisor to former President George W. Bush.

Small market strategy at Jeffrey David Zarfous

David Zarfis, the chief market strategy in Jeffrez and a contributor to the CNBC, recently pointed out that his suspension may seem a little different due to his potential candidacy.

Zarfous, smiling during an interview with CNBC on August 20, said:

Zarfous said he had met Trump on several occasions and since then he has developed links with people from his administration. He added that Bessent is not one of his new acquaintances.

Get Fox Business on the Go by clicking here

“I knew Scott for a long time. He is a wonderful man and has moved to the amazing treasury minister, but he is also a great merchant,” Zerfous said of Pesin.

He said he “is very oversee” to be considered in the job alongside the other ten candidates, describing many friends.