Speaking at a cabinet meeting, Trump said Treasury Secretary Scott Bessent, who has overseen the vetting process, “does not want the top Fed job”. He did not indicate who he intends to nominate. Trump had told reporters on Sunday that he had made his decision but declined to say whether the frontrunner was Kevin Hassett, his top economic adviser and a favourite among online betting markets.
Trump Set to Name Next Federal Reserve Chair Early Next Year — Who Are the Leading Contenders?
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