Is Steven Mnuchin the Likely Successor to Jerome Powell as Fed Chairman? White House Denies
2025-06-11 / Read about 0 minute
Author:小编   

The think tank within the Trump administration is proposing that Treasury Secretary Steven Mnuchin be nominated as the next Chairman of the Federal Reserve. Mnuchin, who currently oversees economic and trade negotiations, finds himself in the spotlight for this potential role. On Friday, Trump indicated that he would soon announce the successor to Jerome Powell, the current Fed Chairman whose term expires in May 2026. Despite speculation, insiders suggest a limited pool of candidates, with former Federal Reserve official Kevin Warsh among them. Nonetheless, the White House has since refuted the claim, stating that reports of Mnuchin being considered for the Fed Chairman position are unfounded.