Trump Finds Powell’s Replacement?
WASHINGTON, D.C. — Kevin Hassett, a trusted economic voice in President Trump’s inner circle, signaled over the weekend that he’s open to stepping into one of the most powerful roles in Washington—Chair of the Federal Reserve—as the White House eyes major financial reform heading into 2026.
Trump and Treasury Chief Bessent Launch Nationwide Search for Powell Replacement
Appearing on NBC’s Meet the Press, Hassett confirmed that President Trump and Treasury Secretary Scott Bessent are actively reviewing candidates to replace Jerome Powell, whose controversial tenure as Fed Chair ends in May. Powell’s board membership extends to 2028, but the Trump administration is making it clear: new leadership is needed to put America’s economy back on the right track.
“I’ve advised President Trump for almost eight years,” Hassett stated. “Naturally, we’ve had serious discussions about the direction of the Federal Reserve and who is best equipped to lead it in these challenging times.”
“We Need Bold Leadership That Puts America First”
When pressed on whether he would take the job, Hassett didn’t shy away: “If the president chooses me, I’ll serve where I’m most needed. But right now, I have the best job in the world helping rebuild our economy through the National Economic Council.”
President Trump has made no secret of his frustration with Powell’s policies—particularly his refusal to lower interest rates and his dismissive stance on tariffs and American industry. Trump believes the Fed must prioritize growth, jobs, and American families—not Wall Street or globalist interests.
Hassett Calls Out Powell on Transparency and Tariff Fearmongering
Hassett also took direct aim at Powell’s lack of clarity on inflation and monetary policy.
“If you’re going to claim tariffs cause inflation, you better show your data,” he said. “Americans deserve transparency. Right now, the Fed’s messaging is all over the place.”
He added, “Every good leader should welcome criticism and use it to improve. That’s something the current Fed Chair has failed to do.”
What’s at Stake: Inflation, Retirement Savings, and the Future of U.S. Prosperity
For millions of retirees and working families, the direction of the Federal Reserve could shape everything from 401(k) performance to mortgage rates and energy prices. A Trump-appointed Fed Chair—especially someone like Hassett—would likely bring a pro-growth, pro-America strategy focused on long-term stability, not elite-driven panic.
🔻 Bottom Line for Conservatives:
The Trump administration is preparing to reshape the Fed in 2026. Kevin Hassett—a seasoned, America-First economist—could be the man for the job. Expect a battle ahead, as entrenched bureaucrats and liberal economists brace for major change.