Bessent Names the Trump Admin’s Five Finalists to Replace Powell as Fed Chair

The treasury secretary said he is planning to conduct second-round interviews soon and hopes to present a “good slate” to Trump after the Thanksgiving holiday.

Scott Bessent

Tom Williams/CQ Roll Call via AP

Treasury Secretary Scott Bessent told reporters on Monday that the Trump administration has narrowed its list of candidates to replace Jerome Powell as federal reserve chair to five finalists.

Bessent, speaking aboard Air Force One, said he’s planning to conduct a second round of interviews in the next month and hopes to present a “good slate” to President Donald Trump after Thanksgiving.

The final candidate pool includes Christopher Waller, Kevin Warsh, Kevin Hassett, Michelle Bowman and Rick Rieder.