Story perspectives

Trump's Fed Chair Nominee Expected by Christmas

11/26/2025

Center

Trump Nominee Announcement

U.S. President Donald Trump may announce his Federal Reserve chair nominee by Christmas, per Treasury Secretary Scott Bessent.
The search for Jerome Powell's replacement continues, with Bessent advocating for a less prominent central bank.
In New York City, National Economic Council Director Kevin Hassett supports Mayor-elect Zohran Mamdani retaining Jessica Tisch as police commissioner.
Mamdani is a democratic socialist who aims to boost public safety while maintaining the NYPD's size.

Left

Hassett Defends Trump

National Economic Council Director Kevin Hassett faced scrutiny in a CNN interview over U.S. President Donald Trump's polling claims.
Host Jake Tapper challenged Hassett on the validity of Trump's approval ratings, citing polls showing public dissatisfaction with the economy.
In a CNBC interview, Joe Kernen criticized Hassett for downplaying inflation during Trump's presidency, which sparked social-media discussion.

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Trump Nominee Announcement

U.S. President Donald Trump may announce his Federal Reserve chair nominee by Christmas, per Treasury Secretary Scott Bessent.
The search for Jerome Powell's replacement continues, with Bessent advocating for a less prominent central bank.
In New York City, National Economic Council Director Kevin Hassett supports Mayor-elect Zohran Mamdani retaining Jessica Tisch as police commissioner.
Mamdani is a democratic socialist who aims to boost public safety while maintaining the NYPD's size.

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