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

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 US. This situation highlights competing personnel priorities as the administration prepares to name a successor for the central bank leadership.