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Trump could announce next Fed chair before Christmas, Bessent tells Fox News

BY Reuters | ECONOMIC | 11/18/25 06:23 PM EST

Nov 18 (Reuters) - U.S. President Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could announce his pick before Christmas, U.S. Treasury Secretary Scott Bessent said in an interview with Fox News on Tuesday.

"We moved the list from 11 to five. We're doing another round of interviews, then some people in the White House will be doing interviews," Bessent told Fox News' Special Report with Bret Baier.

"Probably right after Thanksgiving, mid-December, the president will meet the final three candidates and hopefully have an answer before Christmas," Bessent added.

(Reporting by Ismail Shakil; editing by Costas Pitas)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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