Archive · 13 Dec 2025
Trump Narrows Fed Chair Contenders
President Trump is thinking about two people, Kevin Warsh and Kevin Hassett, to be the next head of the Federal Reserve.
He said in an interview that he wants the new chair to talk to him about setting interest rates.
This is something that used to happen but doesn't anymore.
Trump thinks he should have a say because he's smart and should be listened to.
The White House hasn't said anything more about it yet.
After Trump's comments, people who bet on these things changed their minds.
They think Kevin Warsh is now more likely to get the job, and Kevin Hassett is less likely.
Trump is considering Kevin Warsh or Kevin Hassett for the next Federal Reserve chair.
He wants the new chair to consult with him on setting interest rates.
Trump believes he should have a say in interest rates due to his intelligence.
The White House has not responded to requests for further comment.
Prediction markets reacted sharply, with Warsh's odds jumping to 40% and Hassett's falling below 60%.
- Who
- U.S. President Donald Trump
- What
- Narrowed down Federal Reserve chair contenders
- When
- December 13, 2025
- Where
- Oval Office
- Why
- To replace current Fed chair next year
- Potential Candidates
- Kevin Warsh, Kevin Hassett
- Current Fed Chair
- Janet Yellen (until next year)
- Trump's Preference
- Consultation on interest rates
- Source
- Wall Street Journal interview
- Date of Announcement
- December 13, 2025
- Prediction Market Reaction
- Warsh odds jumped to 40%, Hassett fell below 60%
