President Donald Trump confirmed he has concluded his search for the next Federal Reserve chair, stating a final decision is imminent. He told reporters, "I have somebody that I think will be very good," intensifying speculation about the future direction of U.S. monetary policy. The announcement ends months of speculation about the successor to Jerome Powell.

The final shortlist reportedly includes National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, Fed Governor Christopher Waller, and former governor Kevin Warsh. Hassett was once considered the front-runner, but recent signals suggest the administration may keep him in his current White House role. The search unfolds amid Trump's public criticism of Powell's interest rate policy and a spending investigation at the central bank.

Markets are watching closely for clues on whether the next chair will prioritize growth or inflation control, a key determinant for equity and bond valuations. The president's choice will shape the Fed's independence and its response to future economic shocks. An official announcement is expected within days, potentially before the next Federal Open Market Committee meeting.