Speaking to reporters aboard Air Force One on Sunday, Trump declined to name his pick but said the announcement is imminent.

Miran was Trump’s chair at the Council of Economic Advisers before replacing Adriana Kugler on the Federal Open Market Committee following her resignation earlier this year. His is expected to be a temporary appointment, serving out Kugler’s term expiring next month.

Jerome Powell delivers opening remarks at the Hoover Institution at Stanford University, praising former US Secretary of State George Shultz.

Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.

Kevin Hassett’s odds to become the next Federal Reserve Chair have soared on prediction markets after a remark from US President Donald Trump at the White House.