President Donald Trump will start the final round of interviews for the next chair of the Federal Reserve this week after the White House canceled plans to hold interviews last week.
Trump told reporters on Air Force One Tuesday evening that his administration is “going to be looking at a couple different people” to succeed current Fed Chair Jerome Powell, adding, “I have a pretty good idea of who I want.”
Powell’s four-year leadership term as chair ends in May 2026, meaning this decision will likely shape interest rate policy, inflation fighting, and the central bank’s independence for the rest of Trump’s second term.
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