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Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite


by Anisha Pandey
for CoinEdition
Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite

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  • Treasury Secretary Scott Bessent confirmed President Trump will likely name a new Fed Chair before Christmas.
  • The shortlist of five finalists includes Kevin Hassett, Kevin Warsh, Christopher Waller, Michelle Bowman, and Rick Rieder.
  • Kevin Hassett is viewed as the frontrunner due to his support for immediate, aggressive interest rate cuts.

President Donald Trump expects to name the next Federal Reserve Chair before Christmas. Treasury Secretary Scott Bessent confirmed the accelerated timeline this week, stating the search has entered its final phase. The role will shape the direction of US monetary policy at a time when rate cuts divide current policymakers.

According to Reuters, Bessent has whittled the candidate list down to five finalists. The group includes White House adviser Kevin Hassett and former Fed Governor Kevin Warsh. They are joined by current Governor…

Read The Full Article Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite On Coin Edition.

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Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite


by Anisha Pandey
for CoinEdition
Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite

Share:

  • Treasury Secretary Scott Bessent confirmed President Trump will likely name a new Fed Chair before Christmas.
  • The shortlist of five finalists includes Kevin Hassett, Kevin Warsh, Christopher Waller, Michelle Bowman, and Rick Rieder.
  • Kevin Hassett is viewed as the frontrunner due to his support for immediate, aggressive interest rate cuts.

President Donald Trump expects to name the next Federal Reserve Chair before Christmas. Treasury Secretary Scott Bessent confirmed the accelerated timeline this week, stating the search has entered its final phase. The role will shape the direction of US monetary policy at a time when rate cuts divide current policymakers.

According to Reuters, Bessent has whittled the candidate list down to five finalists. The group includes White House adviser Kevin Hassett and former Fed Governor Kevin Warsh. They are joined by current Governor…

Read The Full Article Trump to Name Fed Chair Before Christmas: Why Kevin Hassett Is the Favorite On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Donald Trump May Cut Income Tax Completely: What It Means for the Crypto Market?

Donald Trump May Cut Income Tax Completely: What It Means for the Crypto Market?

Key Insights: The crypto market dropped more than 36% from the early-October high. Bu...
Trump-Backed Crypto Firm Loses Another CEO After $1.5 Billion Token Deal

Trump-Backed Crypto Firm Loses Another CEO After $1.5 Billion Token Deal

Alt5 Sigma (NASDAQ: ALTS) connected to the Trump family’s crypto project, has removed...