As regime change looms at the Fed, one candidate emerges as frontrunner for chair

Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty ImagesPresident Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet. Prediction markets have their minds made up, but the front-runner also is playing it coy.While that part of the mystery appears ready to clear up in the coming weeks, what's far less certain is the ty ...