Politics Economy Local 2025-10-29T14:52:03+00:00

US confirms five candidates to lead the Federal Reserve

US Treasury Secretary Scott Bessent confirmed the five finalists to succeed Jerome Powell as head of the Federal Reserve (Fed). The candidates include governors of the institution itself and senior executives. The final decision is expected by year-end as the administration pushes for interest rate cuts.


US confirms five candidates to lead the Federal Reserve

**Current Situation: Candidates for the position of the Head of the Federal Reserve and the Administration of the Trump Administration on the Regulator**

The Administration of Donald Trump actively sought candidates for the position of the head of the Federal Reserve (FED) Jerome Powell, who was previously the president of the Federal Reserve Bank of New York. This process involved non-critical criteria for the selection of the head of the Fed, which included the publication of a list of finalists, which included five persons in the sphere of monetary policy. In this process, the Minister of Finance Steven Mnuchin, the former head of the Fed (2005–2009) Kevin Warsh, the economist from the White House House Kevin Hassett and the vice-president of the investment company BlackRock Rick Riddler. The President decided that the final resolution would be made by the end of the year, one Jerome Powell, whose appointment is scheduled for 2026, apparently, after the end of several months.

**Criteria and Policy Changes** The President of the Fed Donald Trump does not seek to change the current monetary policy of the Fed. On the contrary, from the same measures, he stated: "We want to get rid of the 'slippery slope' as soon as possible." This approach is taken by analysts, as it allows to reduce the key rate, the name of the Trump to reduce the key rate of the Fed, which, according to his opinion, should be lower.

The Fed, meanwhile, continues to provide lending to the central bank, trying to maintain the stability of the banking system. Despite the conflict in many executive and Federalreserve, the storages continue to work in the frameworks of the existing laws, which creates the necessary conditions for the implementation of the economic economy.

Scott Besson, who ran the Fed earlier, but not from the pole of the work in the Ministry of Finance, pointed out that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period. Many experts of Paul's save their post, watching it with a wide range of experts in the financialist, with a short podderzhkoy in the financialist.

The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period. The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period.

The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period. The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period.

The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period. The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period.

The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period. The final decision, as expected, will be made by the Fed, but not from the same in the Ministry of Finance, pointed out, that the candidates in the financialists — this "specialists of the highest class", which got to be on the answer in the current period.