ECB frets at prospect of Trump ally running US central bank

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European Central Bank officials are growing increasingly jittery as Kevin Hassett — a close ally of President Donald Trump with very little central bank experience — emerges as the frontrunner to lead the U.S. Federal Reserve. A report last week by  Bloomberg  described Hassett, whom Trump picked at the start of the year to head the White House National Economic Council, as the “emerging front-runner” to replace current Fed Chair Jerome Powell.  Hassett’s rise has set off alarm bells in

Tag-uri: Donald Trump

ECB frets at prospect of Trump ally running US central bank https://www.politico.eu - 05.12.2025 04:14

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ECB frets at prospect of Trump ally running US central bank https://www.politico.eu - 05.12.2025 04:14