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  • 7 weeks ago
Trump says Kevin Warsh is now a leading contender for Fed chair, praising his stance on rate cuts. Warsh and Kevin Hassett remain top options as Powell’s term nears its end.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump said Kevin Warsh has moved to the top of his list to become the
00:06next Federal Reserve chair, though other candidates remain under consideration, according to CNBC.
00:12Trump said Warsh impressed him during a recent interview and noted that both Warsh and National
00:17Economic Council Director Kevin Hassett are strong options. Trump repeated his view that
00:22the Fed chair should consult the president on interest rate decisions and said Warsh agrees
00:27that rates should be lowered. Prediction markets shifted following the report, with Warsh gaining
00:32ground on Hassett. Jerome Powell's term as Fed chair expires in May.
00:36For all things money, visit Benzinga.com.
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