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Trump Delays Fed Chair Decision Amid Hassett Scrutiny

12/17/2025

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Summary

Story summary

White House economic adviser Kevin Hassett is a leading candidate to chair the Federal Reserve.
His effectiveness as head of the National Economic Council is under scrutiny, with doubts about alignment with President Donald Trump's tariff policies.
Supporters, including Cabinet members, praise his influence on the GOP tax package and coordination across departments.
Trump has delayed a decision on Jerome Powell's successor, whose term ends in May.

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Story summary

White House economic adviser Kevin Hassett is a leading candidate to chair the Federal Reserve.
His effectiveness as head of the National Economic Council is under scrutiny, with doubts about alignment with President Donald Trump's tariff policies.
Supporters, including Cabinet members, praise his influence on the GOP tax package and coordination across departments.
Trump has delayed a decision on Jerome Powell's successor, whose term ends in May.