Trump Reveals Preference for Kevin Warsh as Next Fed Chair

Potential Leadership Shift in US Monetary Policy

US President Donald Trump has indicated that Kevin Warsh is his preferred candidate to succeed as the Chair of the Federal Reserve. Speaking on Friday, December 12, 2025, Trump expressed his confidence in Warsh's capabilities, though he also acknowledged other strong contenders. The potential appointment is significant as it may influence the future direction of US monetary policy and have ripple effects on global financial markets.

Trump's Statement and Market Implications

"I think he's great," Trump said about Warsh, as quoted by CNBC on Saturday, December 13, 2025. He also praised Kevin Hassett, Director of the National Economic Council, stating that both Kevins are "great" potential candidates. Trump's comments come at a time when the Fed is navigating complex economic challenges, including inflation control and economic growth stimulation.

Significance of Fed Leadership

The Fed Chair position is one of the most influential roles in global finance, responsible for setting monetary policy that affects not just the US economy but also international financial markets. The appointment decision will be closely watched by financial markets, policymakers, and economic analysts worldwide.

Market and Economic Impact

The potential leadership change at the Fed could have significant implications for monetary policy direction, including decisions on interest rates and quantitative easing measures. Investors and market participants will be analyzing the potential candidates' policy stances to predict future market movements.