Trump Wants Fed Chair Contender Hassett to Stay in White House Job
- Donald trump indicated on Friday, January 12, 2024, that he is hesitant to nominate Kevin Hassett as the next Federal Reserve chair, diminishing the prospects for the current...
- Trump expressed concern about losing Hassett from his role as a White house advisor, a statement that instantly impacted betting markets and boosted the chances of Kevin Warsh...
- During a White House event on january 12, 2024, Trump publicly thanked Hassett for his recent television appearance, stating, "I actually want to keep you where you are...
trump Downplays Hassett’s chances for Fed Chair
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Donald trump indicated on Friday, January 12, 2024, that he is hesitant to nominate Kevin Hassett as the next Federal Reserve chair, diminishing the prospects for the current National Economic Council director who was previously considered the leading candidate.
Hassett’s Position Weakens
Trump expressed concern about losing Hassett from his role as a White house advisor, a statement that instantly impacted betting markets and boosted the chances of Kevin Warsh securing the Fed chairmanship. According to betting markets tracked by sources, Warsh’s odds of becoming Fed chair increased following Trump’s comments.
Trump’s Public Acknowledgement
During a White House event on january 12, 2024, Trump publicly thanked Hassett for his recent television appearance, stating, “I actually want to keep you where you are if you want to know.” This statement signaled a potential shift in Trump’s thinking regarding Hassett’s future role.
Background on the Candidates
- kevin Hassett: Currently serves as the National Economic Council director under President Trump.He previously served as chairman of the Council of Economic Advisers from 2017 to 2019.
- kevin Warsh: A former member of the Federal Reserve Board of Governors,serving from 2006 to 2011. He is currently a distinguished visiting fellow at the Hoover Institution.