Kevin Hassett, a senior White House economic advisor, has surged ahead in the competition to become the next Federal Reserve chairman as President Donald Trump weighs appointing a more ideologically aligned central bank chief. Informed sources familiar with discussions among administration officials indicate Hassett's current role leading the National Economic Council and prior service as a principal economic advisor during Trump's first term provide unique advantages unmatched by other candidates. While the selection process remains unpredictable with no guarantee of Hassett's nomination, his dual experience positions him favorably. The White House press office hasn't immediately responded to requests for commentary regarding the ongoing deliberations.
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