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Hassett Fed candidacy got some pushback close to Trump: CNBC
HASSETT FED CANDIDACY GOT SOME PUSHBACK CLOSE TO TRUMP: CNBC
— First Squawk (@FirstSquawk) December 15, 2025
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SOME TRUMP ALLIES SEE HASSETT AS TOO CLOSE TO PRESIDENT: CNBC
— First Squawk (@FirstSquawk) December 15, 2025
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Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say
Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter. There’s concern that the National Economic Council director is too close to the president, the sources said, something that ironically made him the frontrunner to replace current chair Jerome Powell in the first place. The pushback could help explain why interviews with candidates were cancelled in early December and then, at least for Warsh, rescheduled for last week. ... (full story)
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