There are five candidates being considered for the next Federal Reserve chair when Jerome Powell’s term ends in May 2026, according to a shortlist kept by Treasury Secretary Scott Bessent. The list includes BlackRock’s (BLK) head of fixed income, Rick Rieder, Fed chair frontrunner Kevin Hassett, former Fed Governor Kevin Warsh, current Fed Governor Chris Waller, and Fed Vice Chair of Supervision Michelle Bowman.
Yahoo Finance Fed Correspondent Jennifer Schonberger outlines key information to know about each of the candidates.
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