Who are the frontrunners for the top Fed job?

JAN 23 - The high-stakes search for a new leader of the US central bank is drawing to a close. US President Donald Trump is expected to name someone in Kenya breaking news | Kenya news today |..

✨ Key Highlights

The search for the next Federal Reserve chairman is nearing its end, with US President Donald Trump expected to announce his nominee in the coming weeks. The new leader will replace Jerome Powell, whose term concludes in May, stepping into a role amidst political pressure and internal disagreements on interest rate policies.

Among the top contenders are Kevin Hassett, a Trump loyalist and conservative economist, and Kevin Warsh, a former Fed governor and outspoken Fed critic.
Other notable individuals being considered include Christopher Waller, a current Fed governor, and Rick Rieder, a BlackRock executive and Wall Street bond guru.
The nominee will face a challenging environment, with questions surrounding their independence given Trump's clear preference for lower borrowing costs.

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