Kevin Hassett Emerges as Trump’s Frontrunner to Replace Jerome Powell as Fed Chair — What a Dovish Pick Could Mean for Markets
As of December 2, 2025, the race to succeed Federal Reserve Chair Jerome Powell is narrowing fast — and markets are behaving as though Kevin Hassett, Donald Trump’s top White House economic adviser, is already the next man in line for the job. President Trump has told reporters aboard Air Force One that he has made his decision on who…