
Trump has narrowed Fed chair candidates to four, with Wall Street favoring Kevin Hassett, a White House adviser seen as maintaining some policy independence.
Former White House adviser Kevin Hassett remains the Wall Street consensus frontrunner for Federal Reserve chair after President Trump reduced the shortlist to four candidates. Hassett is recognized for maintaining some independence during previous service and may assume the role in 2025. He earlier stated Trump's opinions would not determine Fed policy if appointed, though some Trump allies have expressed reservations about his candidacy. Hassett leads in nomination probability, followed by Kevin Warsh. Current Fed chair Jerome Powell's term ends on May 15.