Economy

Warsh’s chances of becoming Fed chair jump as Trump suggests he doesn’t want Hassett in that job

January 16, 2026

The competition for the next chair of the Federal Reserve is intensifying as President Trump suggests he may retain Kevin Hassett in his current role rather than appoint him to the Fed chair position. This development has raised the profile of former Fed governor Kevin Warsh as a potential candidate.

Warsh’s chances of becoming Fed chair jump as Trump suggests he doesn’t want Hassett in that job

Key Highlights

President Trump hinted at keeping Kevin Hassett as National Economic Council Director.
Kevin Hassett was considered a top contender for the Fed chair position.
Former Fed governor Kevin Warsh's chances of becoming chair have increased.
The race for Fed chair has been influenced by a criminal investigation into Jerome H. Powell.

Appointments and Executive Changes Politics and Government Trump, Donald J United States Politics and Government United States Economy Banking and Financial Institutions Federal Reserve System Hassett, Kevin A Powell, Jerome H

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Warsh’s chances of becoming Fed chair jump as Trump suggests he doesn’t want Hassett in that job

Key Highlights

Sources

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