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Trump's Fed Chair Choice: Hassett Faces Warsh Challenge

12/16/2025

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Story summary
  • Kevin Hassett's candidacy for Federal Reserve chair faces pushback from influential figures close to U.S. President Donald Trump.
  • Former Fed Governor Kevin Warsh is gaining support.
  • Trump indicates Warsh is favored.
  • Trump seeks a chair aligned with his rate-reduction goals, aiming for rates as low as 1%.
  • Trump plans final interviews with top contenders.