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Race for Fed Chair Has Twists, Turns

The Wall Street Journal

|

December 22, 2025

President Trump told aides and allies in early December that he wasn’t sold on picking former Federal Reserve governor Kevin Warsh to lead the central bank, according to people familiar with the matter.

- By BRIAN SCHWARTZ Anp Nick Timiraos

Trump said at a cabinet meeting he had narrowed his list to one. Interviews with other contenders were suddenly canceled, Everything pointed to Kevin Hassett, a longtime economic adviser who runs the National Economic Council.

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