News-News.Zip

News in English (USA) / 01.12.2025 / 15:00

Trump Selects Kevin Hassett as Frontrunner for Federal Reserve Chair Position

Donald Trump has announced that he has made his choice for the next chair of the Federal Reserve, with Kevin Hassett emerging as the frontrunner in the selection process. Hassett, a longtime Trump advisor and economic expert, has expressed his willingness to take on the role if appointed. As anticipation builds for an official announcement, market reactions have been significant, with traders increasing their bets on Hassett leading the Fed. If confirmed, his leadership could signal a shift in monetary policy, potentially impacting interest rates and the crypto market. Investors are bracing for these changes as the administration moves closer to finalizing the nomination, with forecasts suggesting an announcement may come before Christmas.
Axios, Bloomberg.com, The Wall Street Journal, Yahoo Finance, Reuters, The Free Press, The Economist, Forbes, Fox Business, USA Today