Trump Voices Reluctance at Nominating Hassett as Fed Chair

President Donald Trump expressed reluctance toward nominating Kevin Hassett as Federal Reserve chair, casting further doubt over his search for the next head of the central bank.

Trump on Friday said if Hassett were to leave his post as director of the White House National Economic Council, it would deprive the administration of one of its most powerful messengers on the economy. Hassett has been seen as a top contender to succeed Fed Chair Jerome Powell.