US EditionAll Five Shortlisted Candidates Are ‘Qualified’ for Fed Chair, Says Allianz’s Mohamed El-Erian
- Kevin Hassett, director of the National Economic Council, appeared on Fox News to discuss economic conditions, emphasizing a positive outlook before the holiday season.
- Hassett criticized an unnamed anchor for questioning Walmart's claim that Thanksgiving dinner is about $10 cheaper, arguing that generic items should not be stigmatized.
- Despite Trump's assertion that Walmart raised Thanksgiving dinner prices by 25% since Biden, analysis revealed Walmart's 2025 meal package had fewer items compared to last year.
- Senator Chris Murphy remarked on Hassett's comments, stating that they show how disconnected 'Trumpworld' is from the struggles of the poor amid rising costs.
24 Articles
24 Articles
All five shortlisted candidates are ‘qualified’ for Fed chair, says Allianz’s Mohamed El-Erian
Mohamed El-Erian, Allianz chief economic advisor and former PIMCO CEO, joins ‘Squawk on the Street’ to discuss his expectations for Fed rate cuts, whether Kevin Hassett would be a strong choice to lead the Federal Reserve, and more.
The current director of the National Economic Council of the White House is considered to be closely aligned with Trump's view of the economy, including the need to lower interest rates
Crypto News: New Crypto-Friendly Trump Official Emerges As Top Candidate For Fed Chair
Kevin Hassett emerges as Trump’s top Fed chair pick, backed by his pro-crypto stance and support for faster interest-rate cuts. Kevin Hassett now sits at the center of one of Washington’s most-watched decisions. His name continues to surface as President Donald Trump’s favored option to lead the Federal Reserve, according to reports. The search...
16:26 Kevin Hassett, a top adviser to US President Donald Trump, is the favorite to succeed Jerome Powell as chairman of the US Federal Reserve in May 2026. He advocates a soup...
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