Trump Says He Has Picked Next Fed Chair as Kevin Hassett Signals He’s ‘Happy to Serve’
WASHINGTON — December 1, 2025 President Donald Trump says he has decided who will replace Jerome Powell as chair of the Federal Reserve, stoking expectations that his top economic adviser Kevin Hassett is now the clear front‑runner for one of the most powerful jobs in global finance. Axios+1 Speaking to reporters aboard Air Force One on Sunday, Trump said he “knows” who he will nominate but declined to reveal the name, even as prediction markets, Wall Street and Washington insiders increasingly bet on Hassett, the director of the White House National Economic Council (NEC). Axios+1 Hassett, for his part, has