Fed, Kevin Hassett
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Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the Federal Reserve are keeping it from doing so.
Kevin Hassett, chair of the National Economic Council, has emerged as a serious contender to succeed Jerome Powell as Federal Reserve chair and appears to have an edge on Kevin Warsh, a former Federal Reserve Governor,
The crypto-fueled betting market on whom President Donald Trump will pick to be next Fed chair (as long as he does so by the end of the year) moved toward Kevin Hassett following a new Wall Street Journal article chronicling the race.
White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal Reserve, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.