Trump Says He Has Picked Next Fed Chair as Kevin Hassett Signals He’s ‘Happy to Serve’
President Donald Trump said Sunday he has chosen a nominee to replace Jerome Powell as Federal Reserve chair but did not reveal the name. Markets and insiders increasingly expect Trump’s top economic adviser, Kevin Hassett, to be the pick. Hassett called the speculation a “rumor” but said he would be “happy to serve.” Trump said a formal announcement is coming “soon.”