Derived from Odaily, U.S. financial and business insiders are reportedly urging Trump against appointing Kevin Hassett as Federal Reserve Chair, citing concerns over his political background and lack of credibility in the market. They argue that Hassett's role as Director of the National Economic Council and his political ties could undermine the Fed's independence and lead to higher long-term interest rates, economic instability, and inflation risks. Other potential candidates include Kevin Warsh and Christopher Waller.
Wall Street and U.S. Business Insiders Oppose Trump's Nomination of Kevin Hassett for Fed Chair
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