Trump Leaning Toward Kevin Warsh or Kevin Hassett as Replacement of Jerome Powell

President Donald Trump said on Friday that Federal Reserve Governor Kevin Walsh, or National Economic Council Director Kevin Hassett, are at the top of his list for the next chair of the Federal Reserve. I think you have Kevin and Kevin. They're both. I think the two Kevins are great, he told the Wall Street Journal, confirming that they are at the top of his list. Walsh convinced Trump at the White House on Wednesday that he would support cutting interest rates Federal Reserve Chair Jerome Powell's term would end in May 2026. Trump picked Powell in 2017, but regretted the decision. He repeatedly threatened to fire Powell, as the latter seemed resist the president's calls for lower interest rates. Trump insisted that he should have a say on setting interest rates. Typically, that's not done anymore. It used to be done routinely. It should be done, he said. It doesn't mean I don't think he should do exactly what we say, but certainly where I'm a smart voice and should be listened to.