All articles tagged with #kevin hassett
Originally Published 26 days ago — by Politico
Some officials in the Trump administration are privately questioning Kevin Hassett's suitability for the Fed chair position, citing his limited influence on policy and leadership style, despite his extensive credentials and support from some allies. The decision remains uncertain as Trump considers other candidates amid economic challenges and debates over the Fed's direction.
Originally Published 26 days ago — by CNBC
Kevin Warsh has become the leading candidate in prediction markets to be the next Fed chair, surpassing Kevin Hassett amid internal doubts within Trump's circle about Hassett's closeness to the president, with recent market shifts reflecting increased uncertainty in the nomination process.
Originally Published 28 days ago — by Fortune
Kevin Hassett, a top contender for Fed chair, emphasized the Fed's independence and stated that President Trump’s opinions would have no weight in setting interest rates, despite Trump’s desire for influence. Hassett expressed willingness to discuss with Trump regularly but clarified that the final decision rests with the FOMC, which votes collectively. The nomination process remains open, with other candidates like Kevin Warsh also in consideration.
Originally Published 1 month ago — by Financial Times
Bond investors have issued a warning to the US Treasury regarding the potential appointment of Kevin Hassett as the Federal Reserve Chair, citing concerns over financial stability and market impact.
Originally Published 1 month ago — by Fortune
Kevin Hassett, a prominent economist and former Trump advisor, is a leading candidate to replace Jerome Powell as Fed chair, with support from Trump and prediction markets, but faces criticism for perceived political bias and willingness to align with Trump's policies, raising concerns about the Fed's independence and market stability.
Originally Published 1 month ago — by Axios
There is a high likelihood that President Trump will appoint Kevin Hassett as the next Federal Reserve chair, which would align the Fed more closely with White House interests and potentially lead to lower interest rates, reflecting Trump's influence on monetary policy.
Originally Published 1 month ago — by Axios
President Trump announced he has chosen a nominee for the next Federal Reserve chair, but did not confirm if Kevin Hassett is the pick, amid ongoing discussions about replacing current Chair Jerome Powell.
Originally Published 1 month ago — by Investor's Business Daily
President Trump announced he has chosen his next Federal Reserve chairman, with Kevin Hassett being the leading candidate according to betting markets, amid ongoing discussions about interest rate policies and potential changes at the Fed.
Originally Published 2 months ago — by Reuters
U.S. fourth-quarter GDP could turn negative if the federal government shutdown continues, with travel disruptions during Thanksgiving potentially impacting economic growth, according to White House economic adviser Kevin Hassett.
Originally Published 2 months ago — by CBS News
White House economic adviser Kevin Hassett warned that a prolonged government shutdown could lead to a negative economic quarter, with potential disruptions to military pay and SNAP benefits.
Originally Published 2 months ago — by Reuters
The 20-day US government shutdown is expected to end this week, according to White House adviser Kevin Hassett, who cited political considerations and protests as factors influencing the resolution. If not resolved, the White House may consider additional budget cuts.
Originally Published 4 months ago — by CBS News
Kevin Hassett, a top White House economic adviser, emphasized that the Federal Reserve's monetary policy should be fully independent of political influence, amid ongoing discussions about potential changes in Fed leadership and concerns over White House interference, especially from President Trump.
Originally Published 5 months ago — by CNN
President Donald Trump is in the process of selecting a new Fed chair, with several candidates including Fed governor Christopher Waller, Kevin Warsh, and Kevin Hassett being considered, as the current chair Jerome Powell's term ends in May and Trump seeks a more favorable candidate.
Originally Published 5 months ago — by CNN
President Donald Trump is in the process of selecting a new Fed chair, with several candidates including Fed governor Christopher Waller, Kevin Warsh, and Kevin Hassett being considered, as the current chair Jerome Powell's term ends in May. The decision is highly consequential and involves complex political and economic considerations.
Originally Published 5 months ago — by PBS
President Trump has narrowed down his list of potential Federal Reserve chair candidates to four, with Kevin Hassett and Kevin Warsh being the most prominent. He is considering these candidates as he evaluates the future leadership of the Fed, amid ongoing criticism of current Chair Jerome Powell and discussions about potential reforms and changes in Fed policy.