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Benzinga
Benzinga
Business
Bibhu Pattnaik

Kevin Hassett's Fed Chair Momentum Rattles Bond Markets As Donald Trump's Pick Takes Shape

Washington,,July,30,2025:,White,House,National,Economic,Adviser

Bond markets are showing signs of unrest as Kevin Hassett, the National Economic Council director, is increasingly being seen as a potential candidate for the Federal Reserve chairmanship.

What Happened: Hassett’s chances of being nominated for the Federal Reserve chairmanship have seen a significant increase, from 30% at the end of November to 80% on Sunday, according to Polymarket data.

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