Washington DC, Sept. 7 -- US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome Powell, naming three of his close aides as top picks for the position, The Hill reported.

According to The Hill, Trump on Friday (local time) has confirmed the names of Kevin Hassett, Kevin Warsh, and Christopher Waller as his leading choices to replace Jerome Powell, whose term is set to end in May 2026.

When Trump was asked if Hassett, who leads the White House National Economic Council; Warsh, a former Fed governor; and Waller, an economist and current Fed board member, are his top choices for the role, he replied, "Yeah, I would say you could say those are the top three. Good job," as quoted by...