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Trump to announce Fed chair decision early next year, Hassett a potential pick

DeFi Daily News by DeFi Daily News
December 2, 2025
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We are learning more as Michael and Susan Dell pledged $6.25 billion to help 25 million children enroll in Trump Accounts, the new investment accounts created by the Trump administration. This comes as President Donald Trump said over the weekend that he has made his choice for who will be the next Federal Reserve chair, a decision that comes as affordability becomes a major talking point. “I know who I am going to pick, yeah. We’ll be announcing it,” President Trump told reporters on Sunday. Right now Trump’s top economic advisor Kevin Hassett looks to be an early favorite for the promotion. LiveNOW’s Andy Mac is discussing the economic impact of the planned Trump accounts with the Associated Press’s Chris Rugaber.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: announceBankingbusinessChairchildrendecisionDonald TrumpearlyEconeconomic impacteconomic newseducation savingsEnrollmentfedfed chairFederal Reservefinancefox livefundsHassettInvestmentkevin hassettkid accountmarket analysisMichael DellMoneymoniesNewsnews todaynews updatephilanthropypickpolicyPoliticsPotentialSusan Delltop advisorTrumpTrump AccountsTrump buckstrump kidstrump moneyTrump on kidsunited statesUS bucksUS economyUSAUSA moneywhite houseYear
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