Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.

Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, a position with significant influence over interest rates and the U.S. econ

It is becoming clear what the major challenge will be for Jerome Powell’s successor: Maintaining the Fed’s independence while keeping President Trump happy.

President Donald Trump said he would consider National Economic Council Director Kevin Hassett to replace Jerome Powell as chair of the Federal Reserve. Hassett said he believes the Fed should remain independent but wouldn’t comment on if he would take the job if it was offered to him.

Kevin Hassett, director of the National Economic Council and one of President Donald Trump's longest-serving economic aides, has emerged as the early frontrunner to replace Jerome Powell as Federal Reserve chief next year,

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with steep tariffs.

Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in this latest White House blandishment derby.

Kevin Hassett, Trump’s adviser and current director of the National Economic Council, gave an interview with CNBC on Sunday in which he said firing Powell was “being looked into” and praised the US president as “one of the most successful, if not the most successful businessmen in the 20th century”.