With multiple favorable factors at play, Hasset is in a strong position in the race for Fed chair.

[Multiple favorable factors support, Hassett occupies a favorable position in the Fed chairman race] Kevin Hassett, the director of the White House National Economic Council, is emerging as a leading candidate for the next Fed chairman. According to multiple sources, amidst Trump considering appointing a Fed leader whose stance aligns more closely with his own, Hassett is standing out. It remains uncertain whether Hassett will ultimately receive the nomination, but sources indicate that he possesses advantages that others do not. He is the head of the National Economic Council and served as a key economic advisor during Trump's first term. Hassett has worked for Trump for nearly a decade and is one of the few advisors who has earned the president's trust while maintaining a good relationship over time. After holding two positions in Trump's first administration, he joined a private equity firm founded by Trump's son-in-law, Jared Kushner, and provided economic policy advice to Trump during the 2024 presidential campaign. Additionally, Hassett is viewed as a disciplined spokesperson adept at dealing with the media, a quality that Trump has valued in his senior appointees for a long time. Evercore IS points out that Hassett's biggest challenge is proving to the market that, despite being a loyal supporter of Trump, he can maintain sufficient independence while serving as Fed chairman to uphold the credibility of the Fed.