President Donald Trump is preparing to reshape the Federal Reserve in 2026, signaling a dramatic shift away from the policies that have burdened American families under the Biden administration. With Jerome Powell’s term ending, Trump is vetting a slate of potential chairs who could restore sound monetary policy and reverse years of economic stagnation. The president’s focus is clear: break the grip of globalist elites and return power to the American people, especially those in the middle class who have suffered under runaway inflation and suffocating interest rates.
Kevin Hassett emerges as the leading contender, a man who has stood by Trump’s side since the early days of his presidency. Hassett’s record speaks for itself—he championed the tax cuts that unleashed prosperity for millions of working families and understands that slashing interest rates is the key to unlocking real growth. Unlike the current Fed leadership, which has prioritized abstract economic models over Main Street realities, Hassett knows that choking credit only benefits Wall Street insiders while crushing the dreams of ordinary Americans.
FINAL FIVE: @SecScottBessent tells journalists today that there are five finalists being considered for Fed chair when Powell’s term ends. A decision is slated before year end.
via @josh_wingrove https://t.co/8Q9RkiZUyw pic.twitter.com/6okHbsCzOb
— Sonali Basak (@sonalibasak) October 27, 2025
Other candidates on Trump’s shortlist reveal a stark divide in economic philosophy. Kevin Warsh, while experienced, remains tied to the globalist playbook that has shipped American jobs overseas and undermined domestic industries. Current Fed governors Michelle Bowman and Christopher Waller have shown little appetite for bold action, preferring cautious, incremental changes that do nothing to address the deepening crisis facing working families. Their approach offers stability only for the privileged few, not the millions struggling to keep up with Biden’s inflation-fueled cost of living.
Rick Rieder, a Wall Street veteran, brings market expertise but lacks the commitment to American workers that Trump demands. While he supports lower rates, his focus remains on financial sector profits rather than the needs of everyday Americans. Trump’s tariffs have proven essential in protecting U.S. industries from predatory trade deals, and any Fed chair must be willing to defend those policies. The Federal Reserve should not be a tool for enriching global financiers but a force for empowering American families.
The stakes could not be higher. The Fed under Powell has become a symbol of liberal economic mismanagement, jacking up rates and allowing inflation to erode the value of hard-earned paychecks. Trump’s next move will determine whether the middle class finally gets the relief it deserves or remains trapped in the same cycle of stagnation and inequality. The American people are watching, and they expect a leader who will fight for their interests—not the interests of the elite. The future of the nation depends on choosing a Fed chair who puts patriots first and restores the promise of prosperity for all.

