The markets are focused on the name that Trump will announce! The secret meeting has stirred up the atmosphere.

30.01.2026 11:21

U.S. President Donald Trump will announce the name of the new Fed chair that the world has been eagerly awaiting today. The claim that a hawkish figure will take the seat has created a seismic effect in the markets, while Trump's meeting yesterday with former Fed Governor Kevin Warsh, one of the four candidates rumored in the corridors, has strengthened the speculation that this name will be the new chair.

U.S. President Donald Trump announced that he will reveal the new chairman of the U.S. Federal Reserve (Fed) today. The long-awaited decision has brought back discussions about how independent the Fed will remain from the White House and election politics.

CRITICISMS TOWARDS POWELL INCREASED

The current Fed Chairman Jerome Powell, whose term will end in May, has been the target of Trump's harsh criticisms for the past year. While Trump argues that interest rate cuts should be made more quickly, Powell emphasizes that a more cautious monetary policy should be followed, pointing out that inflation has remained high following the tariffs imposed by the Trump administration.

"A NAME RESPECTED IN THE FINANCIAL WORLD"

In a statement to reporters last night, Trump indicated that he would announce the Fed chairman in the morning, saying, "It will be someone well-known and highly respected in the financial world." Trump avoided giving a clear hint about the identity of the candidate.

FOUR CANDIDATES DISCUSSED BEHIND THE SCENES

While it is noted that the process is being managed by Scott Bessent, names such as former Fed Governor Kevin Warsh, current Fed Governor Christopher Waller, BlackRock executive Rick Rieder, and White House National Economic Council Director Kevin Hassett are emerging in the background.

WARSH IS EMERGING

It was reported that former Fed official Kevin Warsh had a secret meeting with U.S. President Donald Trump at the White House yesterday. According to a report by Reuters based on a source close to the matter, the meeting took place as part of Trump's candidate evaluation process for the Fed Chairmanship.

A second source with knowledge of the meeting stated that Warsh left a positive impression on Trump. However, sources emphasized that the process is not yet clear and that no candidate has been finalized until Trump makes the official announcement.