Economy

Trump’s Fed Chair Search Exposes Washington’s Stranglehold on America’s Economic Future

By Economics Desk | August 6, 2025

President Trump trims Fed chair candidates to four, excluding Treasury Secretary Bessent, signaling a battle for control over U.S. monetary policy amid entrenched Federal Reserve resistance and a looming economic crossroads.

President Donald Trump has once again spotlighted the struggle for control over America's economic destiny by narrowing his list of Federal Reserve chair candidates to four individuals — a crucial decision that could either restore common-sense monetary policy or deepen the grip of bureaucratic inertia that sidelines working Americans. During an appearance on CNBC's Squawk Box, Trump named two clear frontrunners: Kevin Hassett, director of the National Economic Council, and Kevin Warsh, a former Federal Reserve governor. While two other names remain undisclosed, notably absent is Treasury Secretary Scott Bessent, who reportedly prefers to maintain his current role. Why Does...

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