{"id":44147,"date":"2025-06-11T19:00:42","date_gmt":"2025-06-11T16:00:42","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44147"},"modified":"2025-06-11T18:27:48","modified_gmt":"2025-06-11T15:27:48","slug":"who-will-be-the-next-fed-chair-whos-leading-the-race","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/who-will-be-the-next-fed-chair-whos-leading-the-race\/","title":{"rendered":"Who Will Be the Next Fed Chair? Who\u2019s Leading the Race?"},"content":{"rendered":"<p data-start=\"61\" data-end=\"396\"><strong>The term of U.S. Federal Reserve Chair Jerome <a href=\"https:\/\/coinengineer.net\/blog\/with-adp-data-released-trump-says-adp-numbers-are-out-too-late-powell\/\">Powell<\/a><\/strong> ends in May 2026. However, increasing criticism from President Donald Trump has fueled speculation that Powell may be replaced even before the end of his term. With <a href=\"https:\/\/coinengineer.net\/blog\/trump-tariffs-upheld-in-court-what-does-it-mean\/\"><strong>Trump<\/strong> <\/a>recently hinting that a new Fed chair will be announced soon, attention has turned to the potential candidates.<\/p>\n<p data-start=\"398\" data-end=\"689\">Trump recently criticized the Fed once again, stating that it hasn\u2019t acted quickly enough to cut interest rates. Following these statements, several names have begun to emerge in political and financial circles. So, <strong>who could replace Powell?<\/strong> Here are the leading names in the <strong>Fed chair race!<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/who-will-be-the-next-fed-chair-whos-leading-the-race\/#Who_Will_Be_the_Next_Fed_Chair\" title=\"Who Will Be the Next Fed Chair?\">Who Will Be the Next Fed Chair?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/who-will-be-the-next-fed-chair-whos-leading-the-race\/#1_Kevin_Warsh_A_Surprise_Candidate\" title=\"1. Kevin Warsh: A Surprise Candidate\">1. Kevin Warsh: A Surprise Candidate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/who-will-be-the-next-fed-chair-whos-leading-the-race\/#2_Scott_Bessent_One_of_Trumps_Favorites\" title=\"2. Scott Bessent: One of Trump\u2019s Favorites\">2. Scott Bessent: One of Trump\u2019s Favorites<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/who-will-be-the-next-fed-chair-whos-leading-the-race\/#3_Chris_Waller_A_Voice_from_Within_the_Fed\" title=\"3. Chris Waller: A Voice from Within the Fed\">3. Chris Waller: A Voice from Within the Fed<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"691\" data-end=\"771\"><span class=\"ez-toc-section\" id=\"Who_Will_Be_the_Next_Fed_Chair\"><\/span>Who Will Be the Next Fed Chair?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4 data-start=\"691\" data-end=\"771\"><span class=\"ez-toc-section\" id=\"1_Kevin_Warsh_A_Surprise_Candidate\"><\/span>1. Kevin Warsh: A Surprise Candidate<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p data-start=\"773\" data-end=\"1043\">Former Fed governor <strong data-start=\"793\" data-end=\"808\">Kevin Warsh<\/strong> is a strong contender whose name is frequently mentioned in <strong>Trump\u2019s<\/strong> inner circle. Warsh has criticized the central bank, saying it has \u201cstrayed outside of its remit\u201d and that the current economic problems are \u201clargely self-inflicted.\u201d<\/p>\n<p data-start=\"773\" data-end=\"1043\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-158299 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/06\/kevin-warsh.jpg\" alt=\"\" width=\"2000\" height=\"1333\" \/><\/p>\n<p data-start=\"1045\" data-end=\"1322\">Although <strong>Warsh<\/strong> supports the independence of the central bank, he also noted that this independence is often used \u201cas a shield when the Fed is criticized.\u201d With his experience and alignment with Trump\u2019s economic views, Warsh is currently seen as one of the strongest candidates.<\/p>\n<h4 data-start=\"1324\" data-end=\"1372\"><span class=\"ez-toc-section\" id=\"2_Scott_Bessent_One_of_Trumps_Favorites\"><\/span>2. Scott Bessent: One of Trump\u2019s Favorites<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p data-start=\"1374\" data-end=\"1620\">Trump\u2019s Treasury Secretary <strong data-start=\"1401\" data-end=\"1418\">Scott Bessent<\/strong> is another rising name in the mix. Known for effectively implementing Trump\u2019s vision on economic, tax, and trade policy, Bessent is increasingly considered a serious alternative for the Fed chair role.<\/p>\n<p data-start=\"1374\" data-end=\"1620\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-158300 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/06\/bessent.avif\" alt=\"\" width=\"1280\" height=\"720\" \/><\/p>\n<p data-start=\"1622\" data-end=\"2003\"><strong>Bessent<\/strong> currently plays a key role in U.S.-China trade negotiations and Trump\u2019s broader economic reforms. Tim Adams, CEO of the Institute of International Finance, commented, \u201cAs someone who has the trust of the global financial community, Bessent is a natural candidate.\u201d However, some experts highlight that Bessent\u2019s expertise lies more in fiscal policy than in monetary policy.<\/p>\n<h4 data-start=\"2005\" data-end=\"2055\"><span class=\"ez-toc-section\" id=\"3_Chris_Waller_A_Voice_from_Within_the_Fed\"><\/span>3. Chris Waller: A Voice from Within the Fed<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p data-start=\"2057\" data-end=\"2378\">Current Fed governor <strong data-start=\"2078\" data-end=\"2094\">Chris Waller<\/strong> is also among the candidates. In a recent interview with Bloomberg, Waller said that anyone taking the role of Fed chair should be prepared to face criticism. For Waller, the most important quality in a chair is the ability to protect the Fed\u2019s independence from political influence.<\/p>\n<p data-start=\"2057\" data-end=\"2378\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-158301 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/06\/Chris-Waller.webp\" alt=\"\" width=\"2000\" height=\"1334\" \/><\/p>\n<p data-start=\"2380\" data-end=\"2568\" data-is-last-node=\"\" data-is-only-node=\"\"><strong>Waller<\/strong> clearly stated his position by saying, \u201cAre they going to come in and keep the tradition of central bank independence, making policy in a nonpolitical way? For me, that\u2019s critical.\u201d<\/p>\n<hr \/>\n<p data-start=\"2380\" data-end=\"2568\" data-is-last-node=\"\" data-is-only-node=\"\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The term of U.S. Federal Reserve Chair Jerome Powell ends in May 2026. However, increasing criticism from President Donald Trump has fueled speculation that Powell may be replaced even before the end of his term. With Trump recently hinting that a new Fed chair will be announced soon, attention has turned to the potential candidates.<\/p>\n","protected":false},"author":29,"featured_media":44156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,2],"tags":[17988,1730,4118,17989,9425,17990],"class_list":["post-44147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","category-news","tag-chris-waller","tag-donald-trump","tag-jerome-powell","tag-kevin-warsh","tag-scott-bessent","tag-who-will-be-the-next-fed-chair"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Who Will Be the Next Fed Chair? 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