Overview
- In a December 12 Wall Street Journal interview, President Trump praised Kevin Hassett and Kevin Warsh, saying "the two Kevins are great."
- Reporting based on the interview indicates Trump is inclined to nominate one of the two, though no formal decision has been announced.
- Hassett, who chairs the National Economic Council, is widely described as the frontrunner in the latest accounts.
- Warsh, a former Federal Reserve governor, met Trump on December 10 as the president pressed candidates on backing near-term rate cuts.
- Trump has emphasized immediate easing and has floated a policy rate near 1% within a year, while the Fed just made a third consecutive cut to a 3.5%–3.75% target range.