With Jerome Powell’s term as Federal Reserve chairman nearing its end, President Trump and analysts are speculating on potential successors, focusing on candidates like Chris Waller, Michelle Bowman, and Kevin Warsh—many of whom have to some extent advocated for interest rate cuts, aligning with Trump’s preferences.

While markets will want to see a candidate who recognizes and will protect the autonomy of the central bank, it’s also not a stretch to assume that the president will most likely be considering candidates who have advocated for an interest rate cut, in line with his own thinking.

If that’s the case, Trump has a few names to chose from.