Updated: 11h| Published: Friday
Donald Trump is accelerating his search for a new Federal Reserve chair and has publicly narrowed his finalists to Kevin Hassett and Kevin Warsh as he moves toward an early 2026 appointment, provoking market swings and political debate about central bank independence.Hassett, the National Economic Council director, has been criticized by some advisers for being too close to Trump, while Warsh, a former Fed governor and Hoover Institution fellow, has gained support and polling odds on prediction markets such as Kalshi after interviews were rescheduled amid pushback.Hassett has emphasized the Fed's independence on CBS News' "Face the Nation," saying the president would have "no weight" on Federal Open Market Committee votes unless his arguments were sound and data based, even as Trump says he wants a chair who will heed his "smart voice" and press for sharp rate cuts from about 3.6 percent to 1 percent or lower.
Tags

#USA

#WashingtonDC

#DonaldTrump

#FederalReserve

#KevinHassett

#HooverInstitution

#KevinWarsh

#Kalshi

#FaceTheNation

Read more
CNBC The Atlantic The Guardian CNN Newsmax SVD Fanpage.it Nyheter24
Discuss
Español
Français
Deutsch
Italiano
Svenska
42
Earth
USA
Europe
Tags

#KevinWarsh

#

DonaldTrump

Donald Trump is accelerating his search for a new Federal Reserve chair and has publicly narrowed his finalists to Kevin Hassett and Kevin Warsh as he moves toward an early 2026 appointment, provoking market swings and...

Fri/11h
#

JeromePowell

The Federal Reserve, led by Jerome Powell, implemented its third consecutive 0.25 percentage-point interest rate cut, reducing the target range to 3.50%-3.75%, a three-year low. Powell cited a need to balance employment...

Wed/Thu
Threads Facebook X Instagram Bluesky
Terms Privacy
Stockholm, Sweden
+46 (0)8 525-171-42 Email