Former President Trump has indicated he has selected a candidate for the next Federal Reserve Chair, despite facing opposition to removing current Chair Jerome Powell. Trump mentioned he has a preferred choice but did not disclose the name. U.S. Treasury Secretary Bessant has narrowed the list to Fed Governors Waller and Bowman, former Governor Warsh, White House Economic Director Hassett, and BlackRock's Riedel. Bessant plans to present his recommendations to Trump after Thanksgiving, with Trump expected to meet three candidates before potentially announcing his decision by Christmas. The new Fed Chair will need to balance Trump's preference for low interest rates with maintaining investor confidence.