The shortlist of five candidates for the successor to the Federal Reserve Chair has been confirmed, with the final selection to be announced by the end of the year
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U.S. Treasury Secretary Becerra confirmed a list of five candidates to succeed Federal Reserve Chairman Jerome Powell, with President Trump expected to make a final decision by the end of the year. The candidates include current Federal Reserve Governor Christopher Waller, Michelle Bowman, former Federal Reserve Governor Kevin Warsh, White House National Economic Council Director Kevin Hassett, and BlackRock executive Rick Rieder. Trump criticized Powell for failing to effectively cut interest rates, impacting economic development
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