News list for " hassett"
Polymarket is betting on a 56% chance that Hassett, director of the National Economic Council, will become the next Federal Reserve chairperson. In addition, Warsh has a 22% chance of being elected and Waller has a 12% chance of being elected.
In the forecast market, bets on National Economic Council Director Hassett to become the next Federal Reserve chairperson are again significantly ahead, with Polymarket rising to 54%, Kalshi rising to 51%, and Walsh and Waller equally ranking second and third in the probability of being nominated by Trump.
US Treasury Secretary Vincent Bescent: Any concern about Hassett is "ridiculous". He is as fit as anyone else to be chairperson of the Federal Reserve.
In an interview with Fox Business News on Tuesday, Treasury Secretary Vincent Bescent said former Fed governor Kevin Warsh and White House National Economic Council director James Hassett were both qualified to lead the central bank, adding that he expected a new chairperson to be announced in early January.
A majority of investors expect President Donald Trump to nominate White House economic adviser Kevin Hassett as the next Fed chairperson, according to a December survey of global fund managers by Bank of America. About 69 percent expect Hassett to be nominated, compared with just 4 percent who mentioned Fed governor Christopher Waller, and another 4 percent who expect former Fed governor Kevin Walsh. The survey was conducted before Trump told the media that he would prefer Hassett or Walsh to le...
According to a CNBC survey, while 84% of respondents expect Trump to nominate Kevin Hassett, director of the National Economic Council, to take over as Fed chairperson, only 11% think he is the right candidate. While 47% of respondents favor Christopher Waller, a Fed governor, and 23% support Kevin Warsh, only 5% think Trump will choose either. Markets are concerned about whether Hassett can maintain the Federal Reserve's dual mandate of price stability and full employment, and whether he can ma...
Speaking to the Fed, Mr. Hassett, the White House economic adviser, said interest rates should continue to be cut. On how low rates should go, he said the data had to be watched closely. He also said it would be irresponsible to announce interest rate commitments for the next six months now.
Bond investors have told the US Treasury that they are concerned about the possible nomination of Kevin Hassett as chairperson of the Federal Reserve.
According to people familiar with the discussions, Mr. Trump's advisers and allies are discussing a staffing arrangement that would see Mr. Hassett, now Treasury secretary, also become director of the White House National Economic Council if Mr. Trump appoints Mr. Hassett as the next Fed chairperson. Such a move would give Mr. Bescent overall co-ordination of the administration's economic policy and consolidate the oversight of economic affairs at the Treasury and the White House. The arrangemen...
Introducing Hassett at a White House meeting, President Trump said the potential Federal Reserve chair is here.
