President Trump Nears Final Decision on New Federal Reserve Chairman Selection
President Trump has narrowed the search for the Federal Reserve chair to four finalists. A decision on this U.S. economic role is expected within a week.
Treasury Secretary Scott Bessent scott bessentannounced on January 20, 2026, that President Donald Trump donald trumphas narrowed the selection for the next Federal Reserve chairman to four final candidates. Speaking in a CNBC interview, Scott Bessentconfirmed that Donald Trumphas already spoken with all four individuals under consideration for the role. The decision regarding the leadership of the central bank in the US 
UScould be announced as early as the following week.
UScould be announced as early as the following week.
