Trump's Fed Decision: The Battle of the Kevins

U.S. President Donald Trump is considering former Fed governor Kevin Warsh or National Economic Council Director Kevin Hassett to lead the Federal Reserve. Trump emphasized the importance of consulting him on interest rates, stating he is a 'smart voice' that should be listened to.

In a recent interview with the Wall Street Journal, U.S. President Donald Trump revealed he is leaning towards either former Federal Reserve governor Kevin Warsh or National Economic Council Director Kevin Hassett to head the Federal Reserve.

Trump expressed confidence in both candidates, stating, 'I think the two Kevins are great.' He also emphasized the need for the next Fed chair to consult with him on setting interest rates, a practice he suggested had fallen out of favor but should be reconsidered. 'I'm a smart voice and should be listened to,' Trump added.

The White House has not yet commented on Trump's statements, as reported by the Wall Street Journal. The decision will be closely watched as it could influence the direction of U.S. monetary policy.

(With inputs from agencies.)