Key Notes
Christopher Waller confirmed he was recently interviewed by Bessent, describing it as a detailed 1 hour 45 minute discussion.
The president is expected to make his final selection by the end of 2025, according to Treasury Secretary Bessent.
Kevin Warsh served as a Fed Governor during the 2008 financial crisis, while Rick Rieder manages $2.4 trillion at BlackRock.
Treasury Secretary Scott Bessent confirmed a five-person shortlist for the next Federal Reserve Chair on Monday.
The announcement came while Bessent was speaking to reporters on Air Force One, revealing candidates who combine current Fed leadership with outside financial expertise. Related article: Next Fed Chair Pick Could Propel Bitcoin to Record Highs
The finalists, Bessent told reporters, include:
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