Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say

Key Points

The list of candidates for Fed chair is down to five from 11 after a series of interviews with Treasury Secretary Scott Bessent, according to sources.
The remaining list of candidates includes Fed Vice Chair for Supervision Michelle Bowman, Fed Governor Christopher Waller — along with Kevin Hassett, the director of the National Economic Council.
Former Fed Governor Kevin Warsh and BlackRock Fixed Income CIO Rick Rieder also made the cut.
The individual selected by Trump could be nominated to the Fed — though not necessarily as chair — by January.

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