COINOTAG News, citing CNBC, reports that Kevin Hassett, once viewed as a leading Fed chair candidate, has been questioned by senior officials who influence the White House’s policy path. The inquiry underscores tension between political proximity and monetary independence.

Initially viewed as the frontrunner to succeed Powell due to close ties with the Trump administration, Hassett now faces concerns of being ‘too close’ to the President. This helps explain interview pauses and the later Washington resumption.

The Wall Street Journal reported that Hassett and former Fed governor Kevin Warsh emerged as finalists, a disclosure that surprised markets. Kalshi shows Hassett’s probability near 51%, down from earlier highs, while Warsh has gained ground.

At a separate industry event, JPMorgan CEO Jamie Dimon praised the two candidates, but attendees interpreted his remarks as leaning toward Warsh, underscoring market expectations rather than endorsing a single nominee.