December 1, 2025
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0:36Now PlayingNational Economic Council Director Kevin Hassett said he would accept the nomination to replace Jerome Powell as Fed chair if he was offered the job. He spoke with David Rubenstein Nov. 12 at the Economic Club of Washington.
It appears White House National Economic Council Director Kevin Hassett is the likely choice to succeed outgoing chair Jerome Powell, people familiar with the matter told Bloomberg News last week. Trump trusts Hassett and views him as aligned on the desire to push for more aggressive interest-rate cuts at the central bank, people familiar with the matter have said. Hassett has said he’d accept the role if asked, though analysts warn he may struggle to unite the Fed’s rate-setting committee.
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