Trump considers Waller for top Fed job

Business Dec 17, 2025

Donald Trump is set to interview Fed Governor Christopher Waller for the Federal Reserve Chair role this week.
The process is still ongoing and could stretch into January, with a few more interviews expected.
Waller, appointed by Trump in 2020, is known for pushing rate cuts and challenging the status quo at the central bank.

Why does it matter?

Who leads the Fed shapes everything from student loan rates to job markets—so this decision affects all of us.
Waller's support for rate cuts has made him popular on Wall Street but he's seen as an underdog politically since he isn't close to Trump and faced criticism over past votes.
Other frontrunners include ex-Fed governor Kevin Warsh and economic adviser Kevin Hassett, so it's still anyone's game.