NEC Chair Hassett Reportedly Emerges as Leading Candidate for Next Fed Chair
Media reports suggest that National Economic Council Chair Kevin Hassett is a top contender for the role of U.S. Federal Reserve Chair.
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Terms & Concepts
- Federal Reserve (Fed): The central bank of the United States, responsible for monetary policy, financial stability, and regulation of banks.
- National Economic Council (NEC): A U.S. government body that coordinates economic policy-making across different federal agencies.