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Trump Narrows Fed Chair Shortlist to Four Candidates Including Hassett and Bessent
Trump Narrows Fed Chair Shortlist to Four Candidates Including Hassett and Bessent
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BTCCSquare news:
President Donald TRUMP revealed his condensed selection of four potential successors to Federal Reserve Chair Jerome Powell, naming Kevin Hassett, director of the National Economic Council, and Treasury Secretary Scott Bessent as contenders. Former Fed Governor Kevin Warsh and current Fed Governor Christopher Waller also remain under consideration.
The decision carries significant implications for financial markets, where Fed leadership transitions are scrutinized for signals on interest rate trajectories and monetary policy direction. Trump has openly criticized Powell's approach to rate cuts, accusing him of delaying actions that could stimulate borrowing and housing markets.
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