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Story summary
- U.S. Treasury Secretary Scott Bessent stated that Kevin Hassett and Kevin Warsh are qualified candidates to lead the Federal Reserve.
- U.S. President Donald Trump leans toward Hassett, who downplays concerns about ties to the president affecting Federal Reserve independence.
- Critics worry a chair aligned with the president could undermine public confidence in the Federal Reserve.
- The choice will affect the Federal Reserve's credibility and its ability to manage inflation.
