Politics1/18/2026•Bloomberg

Hassett Says Trump May Be Right to Keep Him Out as Fed Chair

Hassett Says Trump May Be Right to Keep Him Out as Fed Chair

White House economic adviser Kevin Hassett suggested that President Donald Trump may choose to keep him in his current role, effectively ruling him out as a potential candidate for the next Federal Reserve chair. Hassett's comments come amid speculation that Trump may seek to replace the current Fed chair, Jerome Powell, whose policies have drawn criticism from the president. Hassett acknowledged that while he would be honored to lead the Fed, he is content in his current position and believes Trump may decide to retain him in the White House. The article highlights the ongoing tension between the Trump administration and the Federal Reserve, as the president has repeatedly expressed dissatisfaction with the central bank's monetary policy decisions. Hassett's remarks suggest that the search for the next Fed chair may involve various political considerations, rather than solely focusing on the candidates' qualifications and experience.

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