Trump Not Sure He Wants to Lose Kevin Hassett to the Fed

Summary

President Donald Trump praised Kevin Hassett and said he is reluctant to nominate him as Federal Reserve chair because he does not want to lose him from his current role. The clip is a personnel and political remark rather than market or investment commentary.

• Trump thanked Kevin Hassett for his television appearance and praised his performance.
• Trump said he wants to keep Hassett where he is rather than move him to another role.
• Trump suggested losing Hassett would be a serious concern and left the decision open.
• The remarks relate to speculation around the Federal Reserve chair nomination.
• No specific securities, assets, sectors, or investment strategies were discussed.