Core Points - The race for the Fed chair position is heating up, with Fed Governor Chris Waller having a strong interview with President Trump, focusing on the labor market and job creation [2][4] - Other candidates include NEC Director Kevin Hasset, former Fed Governor Kevin Worsh, and BlackRock's Rick Reer, who is scheduled for an interview [3][4] - The administration emphasizes that the selection process is serious and involves discussions on broader economic issues, countering the narrative that the president seeks a candidate who will only follow his orders on interest rates [4][6][9] Candidate Interviews - Chris Waller's interview was attended by key administration officials, indicating his candidacy is being taken seriously [3] - The president's interest in candidates is broad-based, focusing on various economic topics rather than solely on interest rate policies [4][6] - The process includes multiple candidates, with Hasset being favored in prediction markets, while Michelle Bowman is no longer considered [4] Economic Context - The discussions during the interviews reflect the administration's concern about the job market, as recent job numbers have not been favorable [18] - The selection of the Fed chair is being closely watched by Wall Street and global financial centers, highlighting its significance [11]

Group 1: Federal Reserve Chair Selection - President Trump is looking for a Federal Reserve chair candidate who will be honest about interest rates, indicating a preference for lower rates [2][3] - He has a clear idea of the qualities he seeks in a candidate, although he will not ask them to commit to lowering interest rates [2][3] Group 2: Warner Brothers and CNN Sale - President Trump expressed that CNN should be sold, either to the new buyer of Warner Brothers, which could be Paramount or Netflix, or to a new ownership [3][4] - He criticized CNN for its perceived political bias and content, indicating a desire for change in ownership and direction [4]

Core Viewpoint - President Donald Trump has indicated that the process of selecting a successor for Fed Chair Jerome Powell, whose term concludes in May, is still ongoing [1] Group 1 - The announcement highlights the uncertainty surrounding the future leadership of the Federal Reserve [1] - Jerome Powell's term as Fed Chair is set to end in May, which raises questions about monetary policy direction [1]

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]