Business

Trump Says He Fears Losing Kevin Hassett If Appointed as Fed Chair

The odds of former Federal Reserve Governor Kevin Warsh being named as the new head of the U.S. central bank spiked in prediction markets.
Trump Says He Fears Losing Kevin Hassett If Appointed as Fed Chair
Director of the National Economic Council Kevin Hassett in a television interview at the White House, on Dec. 10, 2025, in Washington. Alex Brandon/AP Photo
Andrew Moran
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President Donald Trump said on Jan. 16 that he fears losing National Economic Council Director Kevin Hassett if he appoints him as the next chairman of the Federal Reserve.

Trump, speaking at a rural health roundtable event, praised Hassett for his remarks on Fox Business Network earlier in the day.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."