Kevin Hassett, a top White House economic adviser, is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.
Beneath the U.S. bond markets' composure around the prospect of White House economic adviser Kevin Hassett becoming the next Federal Reserve chair lies a niggling worry that his bias for interest rate ...
The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates.
U.S. Treasury Secretary Scott Bessent is conducting final interviews to suggest a successor for Fed Chair Jerome Powell. Five candidates remain, including White House economic adviser Kevin Hassett ...