The search for a successor to Jerome Powell as the Federal Reserve Chair has intensified, with President Trump considering a wide range of candidates.
Who is Contending for Fed Chair
The list of 11 contenders for the Fed Chair position includes:
* Christopher Waller * Kevin Hassett * Kevin Warsh * Michelle Bowman * James "Jim" Bullard * Lorie Logan * David Zervos * Larry Lindsey * Philip Jefferson * Rick Rieder * Andrew Sumerlin
Trump has expressed support for "the two Kevins" – Hassett and Warsh.
Notable Figures in the Contender List
One prominent contender is James "Jim" Bullard, who led the St. Louis Fed for 15 years. Michelle Bowman was recently confirmed as vice chair of supervision. Lorie Logan is the first woman to lead the Dallas Fed since 2022.
Historic Aspects of New Appointments
Philip Jefferson, who was appointed by Biden in 2022 and became vice chair, could become the first Black Fed Chair in history. If nominated, this would be a significant milestone for the institution.
The search for a new Fed Chair remains a significant focus, with evolving dynamics among the candidates. These appointments could have a profound impact on the country's economic policy.
