Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates
CNBC·2025-12-12 20:55

Core Viewpoint - Kevin Warsh has emerged as a leading candidate for the next Federal Reserve chair, as indicated by President Trump, who has shifted his preference towards Warsh after a recent interview [1][2]. Group 1: Candidate Evaluation - Warsh was previously on Trump's short list but was not the favorite until recently [1]. - Trump expressed that both Kevin Warsh and Kevin Hassett are strong candidates, indicating a preference for Warsh over Hassett [2]. Group 2: Monetary Policy Stance - Trump reiterated his belief that the Fed chair should consult the president on interest rate decisions, a practice he claims was more common in the past [3]. - Warsh aligns with Trump's views on monetary policy, particularly the need to lower interest rates, which Trump believes is a consensus among those he has consulted [4].