Trump Praises Waller as Fed Chair Pick Nears Decision

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Donald Trump Praises Chris Waller as Fed Chair Pick Nears Decision

Written by Aaron S.,

Editor-In-Chief

Last Updated: December 19, 2025

Key Takeaways

Donald Trump praised Fed Governor Chris Waller’s experience and called him “great” as he considers candidates for the next Fed chair;
Waller has gained notice for supporting crypto innovation by saying there’s “nothing to be afraid of” about digital payments;
Trump said his shortlist has three or four names and expects to announce his choice for Fed chair within the next few weeks.

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Donald Trump Praises Chris Waller as Fed Chair Pick Nears Decision

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President Donald Trump recently praised Federal Reserve Governor Chris Waller, who is being considered for the Fed chair position.

Speaking at a press conference, President Trump noted Waller's long experience and prior collaboration with the administration.

He said, "I think he’s great. I mean, he’s been a man who’s been there a long time. Somebody that I was very involved with and sense of his career, and he’s a fantastic man".

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Waller has drawn attention for his open attitude toward digital currencies. At the Wyoming Blockchain Symposium in August 2025, he said there is “nothing to be afraid of” about cryptocurrency payments operating outside the traditional banking system.

According to Polymarket, an online prediction platform, Waller currently has a 14% chance of being selected for the top Fed role.

The frontrunner is White House economic adviser Kevin Hassett, with 53% odds, followed by former Fed governor Kevin Warsh at 28%. Fed governor Michelle Bowman trails with 2%.

President Trump said he has narrowed the shortlist to three or four people. When asked specifically about Bowman, the president avoided confirming whether she was included but still called her a "fantastic person".

The president indicated that a final decision would come soon. He said the announcement could happen “in the next couple of weeks", though he did not specify an exact date.

Recently, Hassett’s odds of becoming the next chair of the US Federal Reserve rose after President Trump made remarks that seemed to point in his direction. What did the president say? Read the full story.