Fed, Kevin Hassett
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Kevin Hassett, chair of the National Economic Council, has emerged as a serious contender to succeed Jerome Powell as Federal Reserve chair and appears to have an edge on Kevin Warsh, a former Federal Reserve Governor,
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the Federal Reserve are keeping it from doing so.
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell step down from the central bank's Board of Governors after his term as chair ends next May.
The crypto-fueled betting market on whom President Donald Trump will pick to be next Fed chair (as long as he does so by the end of the year) moved toward Kevin Hassett following a new Wall Street Journal article chronicling the race.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.