Hassett Tops Fed Chair List, Economic Optimism

Treasury Secretary Scott Bessent hints at Trumps new Federal Reserve chair pick by Christmas, with Kevin Hassett emerging as the top candidate. Hassett, a key player in the Tax Cuts and Jobs Act, has expressed willingness to serve and aligns with Trumps views on lower interest rates. Interviews are ongoing, and the chosen nominee will need Senate confirmation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.