Watch Fed Governor Christopher Waller discuss rates of interest and the race to succeed Powell

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Federal Reserve Governor Christopher Waller is scheduled to speak at the Yale CEO Summit on Wednesday.

Waller is one of five finalists to replace Fed Chair Jerome Powell when his term expires in May. He is scheduled to be interviewed by President Donald Trump this week, CNBC’s Steve Liesman reported. However, Trump has signaled that Kevin Warsh and Kevin Hassett are the leading candidates to replace Powell.

Waller, who was appointed to the Fed’s board by Trump and confirmed by the Senate in late 2020, has emerged this year as one of the central bank’s strongest voices pushing for interest rate cuts. The Fed cut interest rates by a quarter point at each of its last three meetings. Waller disagreed back in July when policymakers decided to keep interest rates unchanged.

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