At the meeting, Trump said that “the potential Chairman of the Federal Reserve is present.” Kevin Hassett participated in the meeting finance

During a meeting at the White House, on Tuesday (2), President US, Donald TrumpHe said that is possible substitute to Jerome Powell Chairman of the Federal Reserve (Federal Reserve Bank) He attended the presentation of the Economic Advisor to the Presidency of the Republic, Kevin Hassett. Trump also reiterated that he will announce the new head of the Federal Reserve at the beginning of next year, but he already knows who will be chosen.

Hasit is among the five names he mentioned Treasurer, Scott Besantas “finalists” in the selection process to succeed Powell. The list also includes current BC American directors Christopher Waller and Michelle Bowman, as well as former director Kevin Warsh and BlackRock CEO Rick Reeder.

However, the White House economic adviser has emerged among market participants as the favorite in recent weeks. According to betting site Polymarket, he leads expectations with an 80% chance of being nominated.

Trump administration Cabinet meeting at the White House – Photo: Disclosure/Casa Branca
Trump administration Cabinet meeting at the White House – Photo: Disclosure/Casa Branca