Bond yields have risen in the week since Kevin Hassett's odds to lead the Fed have grown. Sources says bond markets are pricing in more inflation.
Economists and former Federal Reserve officials said they worry loyalty to the president will be a key factor in Trump's pick for the next chair.
(In paragraph 4, corrects timing of Trump's remark to a later White House event from the cabinet meeting) By Jeff Mason, ...
Trump reveals he's chosen next Federal Reserve chair as affordability crisis tests economic agenda. Decision comes amid ...
President Donald Trump said he plans to announce his selection to lead the Federal Reserve in early 2026 and teased National ...
The decision comes as Trump signaled publicly that longtime adviser Kevin Hassett is a leading contender to lead the central ...
Prediction markets give Hassett, a top economist in the Trump administration, a nearly 80% chance of becoming Fed chief.
While Wall Street looks forward to lower interest rates under likely nominee Kevin Hassett, others worry the Fed won’t be as ...
Traders on prediction markets dialed up their wagers on Kevin Hassett being appointed the next chair of the Federal Reserve ...
Donald Trump said he had decided who to nominate to succeed Jerome Powell as chair of the Federal Reserve, though he declined ...
Wall Street bosses and corporate CEOs alike have launched a last-ditch effort to persuade President Trump not to pick Kevin ...
An announcement had been expected as soon as this month.