President Donald Trump addresses his criticism by Federal Reserve President Jerome Powell while questioning the NATO Summit.
chairman Donald Trump A new Federal Reserve Chair is intensifying its push that will align more closely with its economic policies.
Tension between fed chair Zerome poly And Trump has intensified on the Central Bank’s interest rate decisions and widespread monetary strategy. Trump blamed Powell for not cutting rates, which says he has given the nation a “dollars”.
Trump calls Fed Chair Jerome Powell to resign immediately
The Federal Reserve Chair Jerome Powell testifies before hearing a Senate Banking, Housing and Urban Affairs Committee on Capital Hill on February 11, 2025. (Craig Hudson / Reuters)
After a career in investment banking, Pavel was appointed in the Federal Reserve by former President Barack Obama, before Trump nominated him as a fed chair.
Last week, Trump revealed that he is evaluating the “three or four” candidates to make Powell a success, the term of which ends in May 2026.
There is a look here who can potentially change the Powell.
Treasure Secretary Scott Besant
Treasury Secretary Scott Besant signed executive orders at the Oval Office of the White House on 9 April 2025 as President Donald Trump. (Anna Moneymaker / Getty Image)
Treasury Secretary Scott Besent has reduced the rumors that he could be selected by Trump to lead the Federal Reserve, with Maria Bartiromo of Fox Business that he was satisfied with his current role in administration.
“We have a lot of great candidates for the Federal Reserve. I think I have the best job in Washington. I get to interact with the President. The cabinet chosen is fantastic, and being a part of that cabinet is a dream of a lifetime for me,” said Besant. “Morning with Maria.”
Trump Eis Cabinet Member to replace Geom Powell in Fede
“But I will go where the President thinks that I am the best,” he said.
A former hedge fund chief, Besant, quickly proved that he could do a broker deal for Trump. Earlier this year, he included American trade representative Jaimison Greer in Switzerland to find a soft landing between the business barb.
Kevin Haset, director of the National Economic Council
National Economic Council director Kevin Haset talks to media members after a meeting with MPs at US Capital on 28 April 2025. (Stephanie Reynolds / Bloomberg / Getty Image)
Kevin Haset currently serves as the director of the National Economic Council of the White House and has been a loyal protector of Trump’s economic agenda. During the first Trump administration, Haset served as the top economist of the President, Navigating tax policy and business battles.
Haset told reporters earlier this year that Trump would continue to study options to remove Powell from Fed Post “.
Federal Reserve Vice President Michelle Boman
Michelle Boman, vice -president for supervision in Federal Reserve, comes to a program at the University of Georgetown at Washington, DC on 6 June 2025. (Graeme Slon / Bloomberg / Getty Image)
Michelle Boman currently acts as the Vice Chair of the Federal Reserve for supervision, a role that holds it at the top of the Federal agenda of Fed and monitor the country’s most powerful banks. The situation closely aligns Trump’s priorities, especially on the waste, fraud and reducing the regulator burden.
Boman recently broke with Powell and called for cutting rates.
If tap and confirmed by the Congress, Boman will become the second woman to preside over the Central Bank. Janet was the first woman to play a Yellen role.
Former Federal Reserve Board Governor Kevin Wars
On 25 April 2025, Washington, International Monetary Fund at DC and former Federal Reserve Governor Kevin Warsery during the World Bank Spring meetings. (Through Tireni Cross / Bloomberg / Getty Image)
Kevin Wars was one of the leading candidates to replace the Yalon at 2018, before Trump finally appointed Powell. Recently, Wars has also been considered a contender for Treasury Secretary in another Trump administration.
Trump Slam fed the chair Powell to not cut rates: ‘Average mentally’ person ‘
In 2006, former Morgan Stanley became the youngest person to join the banker Fed Board. Although he stepped down from the post in 2011, the war was widely recognized as Wall Street as a major contact of Fed during the 2008 financial crisis. He has also worked as the Economic Advisor to President George W. Bush.
Federal Reserve Governor Christopher Waller
Federal Reserve Governor Christopher Waller sits with Edward Lawrence, a reporter of Fox Business White House, to discuss his approach to President Donald Trump’s impact and rate cut on the US economy.
Christopher Waller, who was considered an experienced academic of the group, was tapped by Trump to join the Fed Board in 2020. Waller has earlier stated that he was in favor of cutting rates to prevent negative impact on the country’s labor market.
Get Fox Business when you click here
Similar to Boman, Waller voted to a large extent with Pavel. He has echoed the importance of maintaining an independent federal reserve.
