Kevin Hassett Steps Back From Fed Race as Trump Signals Support to Keep Him at White House

Kevin Hassett has withdrawn from consideration to lead the U.S. Fed, narrowing the field in a leadership contest increasingly shaped by political and legal pressure. President Donald Trump has made clear that he prefers Hassett to remain in his current White House role. And this stance has effectively removed him from contention and reshaped expectations around the Fed’s next chair.

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