Trump Comments on Chris Waller and Fed Chair Race

Federal Reserve Chair Selection

• 🎯 President Trump stated he is considering three or four people for the Federal Reserve chair position.
• 🗓️ He did not commit to selecting a chair before the end of the year, indicating the decision might come after January 1st.

Comments on Chris Waller and Michelle Bowman

• 👍 Trump described both Chris Waller and Michelle Bowman as "fantastic" when asked about them.
• 🧐 Reporters are analyzing these comments for any indication of momentum, particularly concerning Kevin Hasset's candidacy.

Market Reaction and Waller's Candidacy

• 📈 Prediction markets showed a slight uptick for Waller's odds following Trump's comments, though they later receded.
• 🗣️ Some on Wall Street and in corporations view Waller as an excellent choice, with a significant majority at the Yale CEO summit favoring him.
• 🤝 Waller stated he would inform the president that he needs to remain independent, a point potentially viewed positively for his candidacy.
• ⚠️ There has been reported blowback against Hasset from Wall Street, which Secretary Scott Bessing called "absurd."