On December 3, 2025, former President Donald Trump suggested economist Kevin Hassett as a possible candidate for Federal Reserve Chair during a White House event, with the announcement highlighted in a tweet from Cointelegraph.
Kevin Hassett, who served as Chairman of the Council of Economic Advisers under Trump's first term, is known for his conservative economic views and advocacy for lower interest rates, aligning with Trump's criticisms of the Fed's recent rate hikes.
This move comes as the 2024 presidential race intensifies, with Trump vocal about inflation and Fed policies, indicating a preference for growth-oriented monetary leadership that could pivot from the current cautious stance.
Analysts note that Hassett's appointment, if Trump wins, could lead to philosophical shifts at the Fed, affecting interest rates and market stability, though the Fed is designed to operate independently.
