Key Facts
• July 18, 2025: Christopher Waller stated he would accept the Federal Reserve Chair role if requested by former President Donald Trump.
• Waller confirmed no communication from Trump regarding the position as of now.
• In 2019, Waller was approached by Trump to join the Federal Reserve Board and accepted.
• Waller reiterated his stance on July 17, 2025, that the Federal Reserve should lower interest rates at the upcoming Federal Open Market Committee (FOMC) meeting.
• He noted rising economic risks and suggested that tariff-driven inflationary pressures are likely unsustainable.
Summary
Federal Reserve Governor Christopher Waller expressed willingness to assume the role of Federal Reserve Chair if requested by former President Donald Trump, though he confirmed no such communication has occurred. Waller, who joined the Federal Reserve Board in 2019 following Trump’s invitation, made these remarks during a Bloomberg TV interview. He also emphasized the need for the Federal Reserve to lower interest rates at the upcoming FOMC meeting, citing increased economic risks and the temporary nature of tariff-induced inflationary pressures.
