While President Trump has a list of five finalists for the next chair of the Federal Reserve, he said last week that he thinks he knows who he'll pick. "I think I already know my choice," Trump told reporters in the Oval Office regarding who will replace outgoing Fed Chair Jerome Powell,

A winner has yet to be named. But an exclusive Bloomberg report Nov. 25 said White House National Economic Council Director Kevin Hassett is the frontrunner to be the next Fed chair. White House Press Secretary Karoline Leavitt said in a cheeky statement Nov. 25 that “Nobody actually knows what President Trump will do until he does it. Stay tuned!”

The stock market faces significant challenges in the near term, including high valuations, a weakening economy, and dismal consumer sentiment.

Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.

Like political advisors gearing up for an election, observers of Federal Reserve Board decisions also find themselves counting votes in granular detail as arguably never before.

In a little over five weeks, the curtain will close on 2025, and investors will likely be looking back on another banner year for Wall Street. Recently, the benchmark S&P 500 (SNP

WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair, as the Trump administration moves forward in picking a replacement for Jerome Powell.

Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the state of the economy, strength of the labor market, the Fed's inflation fight, rate path outlook, and more.