US EditionTrump voices reluctance at nominating Kevin Hassett as Fed chairman
Trump values Hassett’s communication skills and cites Justice Department probe fallout as reasons for reconsidering his Fed chair nomination.
- Trump expressed reluctance at nominating Kevin Hassett as Federal Reserve chairman, saying he wants to keep Hassett in his current role due to his ability to communicate on television.
- Kevin Warsh has risen to 59% as the favorite on Polymarket to succeed Jerome Powell as Fed chair, while Hassett's odds plummeted to 16%.
- Republican Senators Tillis and Murkowski said they would not vote for any Fed chair nominee until an investigation into Powell is resolved.
76 Articles
76 Articles
Are the Alerts Closed? Trump Insinuates that One of His Names to Lead the Fed Is No Longer an Option
U.S. President Donald Trump praised Friday the work of his chief economic adviser, Kevin Hassett, one of the names he decks as his proposal for the next president of the Federal Reserve (Fed), and said he doesn’t want to lose it. “I see Kevin is in the audience and I just want to thank you. You were fantastic on television today. I really want to keep you where you are, if you want me to tell you the truth,” Trump said during a round table on ru…
Trump's Unexpected Remarks Shake Up Fed Chair Selection
Trump's Unexpected Remarks Shake Up Fed Chair Selection President Donald Trump has added a new twist to the ongoing search for a new Federal Reserve chair, suggesting he prefers to keep his top economic adviser, Kevin Hassett, at the White House. His unexpected remarks came during a White House event where he praised Hassett's recent television appearance.The decision has sparked speculation that the favored candidate, Kevin Warsh, has seen his …
The US president has created new uncertainty with regard to the future head of the US Federal Reserve. The prospect of losing Hassett prepared him "serious concern." Now another Kevin favorite.
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