www.bloomberg.com
White House economic adviser Kevin Hassett indicated that President Trump might retain him in his current role, removing him from consideration for the next Federal Reserve chair position. Hassett, currently the chairman of the Council of Economic Advisers, said he has not yet spoken with the president about the Fed vacancy but would serve if asked. His potential retention simplifies the search to replace Fed Chair Jerome Powell, whose term ends in May. Other leading candidates include former Fed Governor Kevin Warsh, Stanford economist John Taylor, and current Fed Deputy Governor Stanley Fischer. Trump has criticized Powell but signaled he likely would not reappoint him.
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