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Trump Praises Economic Adviser Kevin Hassett While Weighing Federal Reserve Chair Nomination

President Donald Trump praised Kevin Hassett on Friday while considering him for Federal Reserve chair. The decision remains open as other candidates are weighed.

President donald trump publicly praised his economic adviser kevin hassett at a White House event on Friday, January 16, 2026, while indicating he is currently weighing whether to move him to a new role. While donald trump expressed a preference to retain kevin hassett in his current position due to his performance, the president is simultaneously considering him as a potential nominee to lead the Federal Reserve in the USUS. This situation highlights competing personnel priorities as the administration prepares to name a successor for the central bank leadership.
U.S. President Donald Trump listens as National Economic Council Director Kevin Hassett speaks with the media in the Oval Office at the White House in Washington, D.C., U.S., September 5, 2025. REUTERS/Brian Snyder/File Photo
U.S. President Donald Trump listens as National Economic Council Director Kevin Hassett speaks with the media in the Oval Office at the White House in Washington, D.C., U.S., September 5, 2025. REUTERS/Brian Snyder/File Photo
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