Treasury Secretary Scott Bessent is playing a pivotal role in the process of replacing Federal Reserve Chair Jerome Powell, with President Donald Trump indicating an announcement on Powell’s successor could come within weeks. Powell’s term as chair is scheduled to end in May 2026.

Potential candidates reportedly under consideration include Bessent himself, former Fed governor Kevin Warsh, National Economic Council Director Kevin Hassett, current Fed governor Christopher Waller, and former World Bank President David Malpass. Warsh, viewed as an early favorite, has been interviewed by Trump and holds views critical of the Fed’s credibility.

Bessent’s involvement is multifaceted. As Treasury Secretary, he is a key advisor steering the selection effort. Simultaneously, his name features prominently on lists of potential contenders, drawing significant attention due to his current position in shaping Trump’s economic policies on trade, taxes, and regulation.

The administration’s accelerated timeline aims to finalize a candidate soon, with formal interviews expected to begin shortly. This expedited process has generated debate. Bessent has publicly cautioned that prematurely replacing Powell could unsettle financial markets, adding complexity to the decision.

The potential early replacement is seen by analysts as an effort to align the Federal Reserve more closely with Trump’s economic agenda, particularly concerning interest rate policy. Bessent has stated publicly that tariffs have not fueled inflation, signaling policy viewpoints relevant to the Fed’s future direction.

As of Monday, formal interviews had not yet commenced. The final selection rests with President Trump, who will choose based on his administration’s economic priorities. The coming weeks are deemed critical for the outcome.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。