Who is Kevin Hassett, Trump’s expected pick to lead the Federal Reserve?
Trump’s top economic adviser is odds-on favourite to lead the Fed amid concerns over the central bank’s independence.

Trump’s top economic adviser is odds-on favourite to lead the Fed amid concerns over the central bank’s independence.




![Ousmane Sonko speaks after he was appointed prime minister by Senegal's newly-elected President Bassirou Diomaye Faye, in Dakar, Senegal [File: Abdou Karim Ndoye/Reuters]](/wp-content/uploads/2024/04/2024-04-03T054833Z_161381706_RC2LY6AILHMX_RTRMADP_3_SENEGAL-POLITICS-1712129356.jpg?resize=770%2C513&quality=80)



![A slowing job market has weighed on consumers according to the Conference Board [File: Evelyn Hockstein/Reuters]](/wp-content/uploads/2025/11/2025-11-24T105942Z_681960584_RC2DSEA1XKT1_RTRMADP_3_COMPANIES-TARIFFS-PRICES-1764090071.jpg?resize=770%2C513&quality=80)
Reeves faces daunting challenge – poor public finances and widespread public discontent with government.
The US federal government seeks to develop tailored AI solutions and drive significant cost savings.
The company’s stock has zoomed this year, driven by the explosive growth of the weight-loss drug market.
Analysts expect AI chip demand to remain strong
Warner Bros Discovery is on the verge of breaking up, crippled by declines in its television business.
A US judge ruled that the social media landscape had ‘changed markedly’ since the lawsuit was brought five years ago.
The investment comes after rival OpenAI announced a comparable deal with Amazon.
The dip comes amid doubts on future interest rate cuts by the US Federal Reserve.
Relations between Tokyo and Beijing have plummeted over Japanese leader’s recent remarks on Taiwan.
The cuts could impact 15,000 employees, or 15 percent of the workforce, as soon as next week.