President confirms search for the next Fed chair is still on

Group 1 - The President and Treasury Secretary Scott Bessett will begin interviews for candidates to replace Fed Chair Jay Powell, indicating that the selection process is still ongoing [1][2] - Former Fed Governor Kevin Walsh is among the candidates being interviewed, despite previous indications that NEC Director Kevin Hassett was the likely choice [2][3] - The odds for Hassett's selection have fluctuated, with concerns raised by bond investors regarding his potential dovish stance compared to Powell, particularly in relation to interest rate decisions [4][5] Group 2 - A recent CNBC Fed survey revealed that 84% of respondents believe Hassett will be chosen, but only 11% think he should be [4] - Waller and Worsh are viewed as more favorable candidates among survey respondents, with Waller being the top choice [5] - The interview process, which had been previously delayed, is now back on track, with the President expected to make a decision by January as Powell's term ends in May [6]