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Trump Signals Kevin Hassett as Potential Successor to Fed Chair Powell

Trump Signals Kevin Hassett as Potential Successor to Fed Chair Powell

Author:

Global Cryptocurrency

Published:

2025-12-03 13:57:01

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BTCCSquare news:

President Donald TRUMP has hinted at Kevin Hassett as a leading candidate to replace Jerome Powell as Federal Reserve chair when Powell's term expires in May 2026. During a public appearance, Trump introduced Hassett as "a respected person" and a "potential Fed chair," sparking immediate speculation among traders focused on monetary policy and liquidity.

Hassett, who holds a PhD in economics, currently heads the National Economic Council and previously chaired the Council of Economic Advisers during Trump's first term. His potential appointment WOULD shift the Fed's leadership toward a figure deeply aligned with Trump's economic agenda.

The Wall Street Journal reports Trump has narrowed his list of candidates from ten to one, with Hassett emerging as the final choice. A formal announcement is expected early next year.

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