Sources say the Fed Chair nomination is not a simple two-way selection process; Waller will be interviewed.

PANews reported on December 17th that, according to the Wall Street Journal, citing sources familiar with the matter, Trump will interview current Federal Reserve Governor Waller on Wednesday to discuss his nomination for Federal Reserve Chair. Trump interviewed former Fed Governor Kevin Warsh last week. Trump stated that Warsh and Hassett are currently his two favorite candidates. This year, Warsh has become a leading voice within the Fed advocating for interest rate cuts. At the Fed's July meeting where interest rates were kept unchanged, Warsh voted against a rate cut. Warsh is the most favored candidate for Fed Chair among economists and is highly regarded on Wall Street. His arguments on interest rate cuts this year are considered logically clear, consistent, and that he is capable of bridging the widening divisions within the Fed. Several of his arguments on interest rate cuts have been adopted by current Chairman Powell. Warsh will speak on the economic outlook on Wednesday evening Beijing time.