Trump’s Fed Chair Hunger Games: Hustle for Rate-Raising Royale
As Jerome Powell's Fed chair term expires this May, President Trump’s got the ultimate power move—handpicking a central banker amid a thrilling top five: Kevin Hassett (36% odds), who moonwalks between Kushner’s PE firm and the White House like it’s Shark Tank; Christopher Waller (23%), a silver-haired gym bro with cryptofinance dreams; Kevin Warsh (16%), a Bush-era hawk lost in Trump’s cheap-money fantasyland; Rick Rieder (9%), BlackRock’s bond wizard who’s basically CNBC’s cameo king; and Michelle 'Miki' Bowman (3%), Kansas’s community bank sniper fighting Fed orthodoxy like it’s the Wild West. Treasurer Scott Bessent teased these choices on Air Force One Sunday night, while traders nervously eyeball curveballs like Stephen Miran and James Bullard lingering like party crashers.
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Trump’s Fed chair finale looks like a bizarre reality show where rate-hawkry meets daddy issues, cryptofinance hype, and community banking rebellion — who knew economics could be peak TV drama?
Selecting America’s money czar has never looked more like casting for a Bond villain squad, except half the villains fight over inflation and the other half just want a cheaper margarita.
When your Fed chair candidates range from Jared Kushner’s private equity sidekick to a small-town bank brawler, you realize choosing who controls the economy is just peak 2020s chaos cosplay.
Source: Axios | Published: 10/27/2025 | Author: Neil Irwin
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