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

[Multiple favorable factors boost, Hassett is in a favorable position in the Fed chair race] Hassett, the Director of the National Economic Council at the White House, is becoming a leading candidate for the next Fed chair. According to several sources, Hassett is emerging as a strong contender against the backdrop of Trump considering appointing a Fed leader more aligned with his views. It is still uncertain whether Hassett will ultimately receive the nomination. However, sources indicate that Hassett 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 ten years and is one of the few advisors who has earned the President's trust and maintained a good relationship over the long term. After holding two positions in Trump's first administration, he joined a private equity firm founded by Trump's son-in-law Kushner and provided economic policy advice to Trump during the 2024 presidential campaign. Furthermore, Hassett is also viewed as a disciplined spokesperson who is adept at handling the media, a quality that Trump has long valued in his senior appointees. Evercore IS points out that Hassett's biggest challenge is to prove to the market that, despite being a loyal supporter of Trump, he can maintain sufficient independence while serving as Fed chair to uphold the credibility of the Fed.