New Delhi, July 10 -- US President Donald Trump is speeding up his search for Jerome Powell's replacement as Federal Reserve chair, targeting candidates who support faster interest rate cuts.

Powell's term ends in May 2026, but Trump may announce a successor this summer to pressure the current chair.

Top contenders include Treasury Secretary Scott Bessent, Fed Vice Chair Michelle Bowman, Fed Governor Christopher Waller, and former Fed Governor Kevin Warsh.

Trump publicly criticized Powell last week, blaming him for costing the nation "hundreds of billions of dollars" by not cutting rates sooner. The president claims he's considering "three or four" candidates for the job.

Trump's plan to name a "shadow Fed chair" months early has draw...