Trump Administration Shortlists 11 Candidates to Lead the Federal Reserve

Source: REUTERS
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The administration of U.S. President Donald Trump is currently considering 11 potential candidates to take over from Federal Reserve Chair Jerome Powell when his term wraps up in May 2026, as reported by CNBC on Wednesday, citing sources from Business Times.

According to CNBC, three new names have recently been added to the mix: David Zervos, who serves as the chief market strategist at Jefferies; former Fed Governor Larry Lindsey; and Rick Rieder, the Chief Investment Officer for Global Fixed Income at BlackRock.

These individuals join eight previously mentioned candidates, which include Fed Vice Chair for Supervision Michelle Bowman; Fed Governor Chris Waller; Fed Vice Chair Philip Jefferson; former economic adviser to the Bush administration Marc Sumerlin; Dallas Fed President Lorie Logan; former St. Louis Fed President James Bullard; National Economic Council Director Kevin Hassett; and former Fed Governor Kevin Warsh.

This information comes from two officials within the administration who requested to remain anonymous.

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