Who's going to be the next Fed chair. No pressure, Mike. Kevin Hassett, still the favorite on this was Polly Marcus.Well, it's funny because he's gone up and down. Yeah, he was up, then he was down and Kevin Warsh was up and now he's down. And Chris Waller making a late bid on the outside.It's like a horse race. It actually really is. And then I heard today that recruiters actually coming in my personal Mara Mar-A-Lago, to do his interview with the president.How do you make sense. Is this what normally happ ...

We've got some breaking news on the race for Fed chair. Steve Leeman is standing by for more on that. But first, let's head to Washington to Aean Jabvers.And Aean, what's the news. >> Kelly, the news is the president was just talking about the Fed chair race uh in a session in the Oval Office. Reporters asked him about how many people he's considering for the job. The president said he's considering three or four people for that job.The president did not commit to selecting a Fed chair before the end of thi ...

Donald Trump should be careful what he wishes for. Appointing a technocrat rather than a partisan for Fed chair is not just the right choice—it is also in the interests of the Republican Party https://t.co/EiVGmagQkbPhoto: Getty Images/Sipa US/Alamy https://t.co/pR3CGLEUst ...

Core Viewpoint - The current White House National Economic Council Director aligns with Trump's perspective on interest rates [1] Group 1 - The National Economic Council Director's stance reflects a broader economic strategy that may influence future monetary policy decisions [1] - This alignment suggests potential continuity in economic policies that prioritize lower interest rates [1]

White House Response - The White House denies considering Scott Besson for both Treasury Secretary and Fed Chair, refuting Steve Bannon's suggestion [2] - The White House views Bannon's suggestion as typical of his provocative statements [4][5] Potential Political Implications - Steve Bannon and Sean Spicer discussed the idea on Spicer's podcast, potentially gaining traction within the MAGA base [2][3] - The president's potential interest and the practicality of the idea remain uncertain [3] Scott Besson's Position - President stated Besson is not a candidate for Fed Chair because Besson himself declined the position [6] - The idea of Besson holding both positions is considered unprecedented and controversial [3]

Personnel Selection - The organization is considering three candidates for a position [1] - The current Secretary Vess is liked, but initially ranked fourth [1] - The organization does not want to remove a person who is doing a great job in their current role [3] - Mr Waller and Kevin are among the top three candidates being considered [3] Treasury Position - An individual expressed strong disinterest in a specific job, stating "I'm the only person on the planet who does not want the job" [2] - The individual affirmed their satisfaction with their current role as Treasury [2]

Federal Reserve Policy - Bessent declined consideration for the Fed chair role, Trump confirms [1]

Leadership & Policy - The Federal Housing head Bill Pulte is conducting a social-media campaign [1] - The campaign aims to remove the Fed chair [1] Political Landscape - President Trump's appointee Bill Pulte is leading the campaign [1] - The campaign is described as unorthodox [1]

Market Trends & Predictions - Expectation of a higher yield curve in the future [1] - Anticipation of substantially lower front-end rates with a new, potentially dovish Fed chair within six months [2] - The yield curve steepening trade is a slow-moving process but expected to eventually work [3] Fiscal Policy & Debt - The US is facing fiscally constrained conditions with budget deficits potentially exceeding 6% [4] - High debt-to-GDP ratio (100%) necessitates keeping real interest rates low to manage interest burdens [5] - Japan's reluctance to raise rates significantly despite inflation (2-3%) and wage growth (35%) illustrates a debt management strategy [5] Monetary Policy & Fed - Potential appointment of a dovish Fed chair to lower interest rate costs [4] - The next Fed chair is expected to initiate policies aimed at lowering interest burdens [6] - The strategy to escape a debt trap involves maintaining the lowest possible real interest rates [5]