Trump says NEC director Hassett is on short list for Fed chair

News | September 5, 2025
Kevin Hassett speaks at the White House in Washington

WASHINGTON (Reuters) -President Donald Trump repeated his support on Friday for National Economic Council Director Kevin Hassett as a possible pick to succeed Jerome Powell as chair of the Federal Reserve when Powell’s term ends in May  of 2026.

Trump told reporters gathered in the Oval Office that the list is down to three, potentially four, candidates and that Hassett is one of them.

(Reporting By Trevor Hunnicutt and Jarrett Renshaw)