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Wall Street has been buzzing recently: the shortlist for Federal Reserve Chair candidates has been narrowed down from a large list to four, with White House advisor Kevin Hasset emerging as the leading contender, almost considered a foregone conclusion.
This person actually has a significant background. During Trump's first term, he served as Chairman of the White House Economic Advisory Council, gaining attention for his willingness to express independent views. In his memoir, he also revealed some behind-the-scenes details—certain White House aides wanted to "push him out" from the very beginning. His independent personality, a few years ago, made it seem unlikely he would have trouble leading the Federal Reserve.
But now, the situation is different. The market's concern centers here: after many years, will Hasset's policy stance and decision-making logic change? Every move by the Federal Reserve Chair impacts the global financial landscape. If the 2025 version of him really takes office, will it stabilize the situation or cause turbulence? Investors are uncertain.
What do you think? Will Hasset ultimately sit in this chair? How will the Federal Reserve's policy direction change after he takes office? Share your thoughts in the comments.