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Kevin Hassett Takes the Lead in Race to Be Trump’s New Fed Chair

ByFeatured Youtube Videos

Wednesday, Jul 16, 2025 3:18 pm ETnullmin read

Aime Summary

- Kevin Hassett emerged as top contender for Trump’s next Fed Chair nomination, leveraging his role as senior economic advisor and advocate for lower interest rates.

- His deregulatory stance aligns with Trump’s priorities, contrasting with more traditional candidates like Jerome Powell and Neel Kashkari.

- Critics warn Hassett’s unconventional policies risk destabilizing markets, raising concerns about Fed independence and economic stability.

- The nomination process highlights Trump’s preference for ideological allies over conventional central banking expertise.

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