Based on Odaily, sources indicate that Trump trusts Kevin Hassett and believes they share a consistent desire to push for more aggressive interest rate cuts. Hassett has stated he would accept the position if invited. U.S. Treasury Secretary Scott Bessent, overseeing the selection process, said Trump may announce the nominee before the Christmas holiday. Other candidates include Fed Governor Christopher Waller and Michelle Bowman, former Fed Governor Kevin Warsh, and BlackRock’s Rick Rieder. Trump has also expressed a desire for Bessent to lead the Fed, but Bessent has repeatedly declined.
Trump Likely to Announce Fed Chair Nominee Before Christmas
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