Trump's Fed Chair Search: Hassett Leads, Warsh in Mix

President Trump is nearing a decision on his next Federal Reserve chair, with Federal Reserve Governor Kevin Warsh and White House National Economic Council Director Kevin Hassett among the top contenders. Trump emphasizes the importance of lower interest rates, considering it a litmus test for his choice. He has criticized current Fed Chair Jerome Powell for being too slow in reducing rates. Hassett is seen as the leading candidate, but some investors worry about potential blurred lines between the Fed and the executive branch.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.