Trump Will Name the Next Fed Chair in Early 2026

• Trump commented on the selection of candidates to head the Fed.
• He stated that he will name him in early 2026.
• The Fed is likely to be headed by Kevin Hassett.

US President Donald Trump said that he will name the next Chairman of the Federal Reserve System (Fed) in early 2026. This is reported by Bloomberg.

Trump touched on this topic during a meeting at the White House. First of all, he emphasized the government’s efforts to stabilize inflation:

Trump also pointed to lower prices. This applies primarily to energy and food products. There are also positive developments in the mortgage lending market.

The head of state then noted that he plans to name the next nominee for Fed chairman in the near term:

Trump also hinted at who the most likely candidate for the position is:

We are talking about the head of the National Economic Council (NEC) of the White House Kevin Hassett. Information that he is a favorite for the position of Fed Chairman appeared at the end of November 2025.

Against this background, as well as the stabilization of the macroeconomic background in general, the crypto market was marked by positive dynamics.

At the same time, as emphasized in Bloomberg, Trump is known for unexpected political decisions. He may well name someone else, as there are several other candidates besides Hassett. Among them is Michelle Bowman, a member of the Fed, who also has a pro-cryptocurrency stance.