President Donald Trump said a decision on the next Federal Reserve chairman could be made by the end of the year.

"We will probably make a decision on the Fed by the end of the year," he told reporters on Air Force One.

"We're going to be doing a second round of reviews and hopefully we'll be able to present the president with a good list right after Thanksgiving," Treasury Secretary Scott Bessent said.

Bessent stated that the candidate list has been narrowed down to five individuals: Trump's economic advisor Kevin Hassett, former Fed Governor Kevin Warsh, current Fed Governor Christopher Waller, Fed Governor Michelle Bowman, and BlackRock Chief Investment Officer Rick Rieder.

By Sung Ku Hong, Chief Reporter, NNP USA / Special Correspondent NNP info@newsandpost.com