Big Changes Coming to the Fed—And Interest Rates—Next Year If This Frontrunner Gets Powell’s Job

Director of the National Economic Council Kevin Hassett is reportedly the frontrunner to become the chair of the Federal Reserve next year. Anna Moneymaker / Getty Images Close Key Takeaways Kevin Hassett, the reported frontrunner to take over as Federal Reserve chair in May, has a recent track record of advocating for the central bank lowering interest rates.Hassett is the leading candidate to replace Federal Reserve Chair Jerome Powell when his term ends in May, Bloomberg reported this week. President Don ...