Key Facts
• August 13, 2025: Trump considers 11 candidates for Federal Reserve Chair.
• Current Chair Jerome Powell’s replacement under review, per two administration officials.
• Candidates include David Zervos (Jefferies), Larry Lindsey (former Fed governor), Rick Rieder (BlackRock).
• Other names: Bowman (Fed Vice Chair), Waller (Fed Governor), Jefferson (Fed Vice Chair).
• Additional candidates: Warsh (former Fed governor), Bullard (former St. Louis Fed president).
• Logan (Dallas Fed president), Hassett (White House NEC chair), Mark Zandi (former Bush Sr. advisor).
• Reported by CNBC, citing anonymous administration sources.
Summary
Former President Donald Trump is reportedly evaluating 11 potential candidates to succeed Jerome Powell as Federal Reserve Chair. According to CNBC, the list includes prominent figures such as David Zervos of Jefferies, Larry Lindsey, and Rick Rieder of BlackRock. Other notable names include current Federal Reserve officials Bowman, Waller, and Jefferson, as well as former officials like Warsh and Bullard. Additional candidates include Logan, Hassett, and Zandi, a former economic advisor to President George H.W. Bush. The selection process reflects Trump’s focus on reshaping the Federal Reserve’s leadership. This development was reported on August 13, 2025, based on information from two administration officials.
