Hassett touts market response to report that he’s the front-runner to replace Powell at the Fed

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Hassett touts market response to report that he’s the front-runner to replace Powell at the Fed

National Economic Council (NEC) Director Kevin Hassett on Sunday touted the market response to a Bloomberg report last week suggesting Hassett is broadly considered the front-runner among candidates to replace Federal Reserve Chair Jerome Powell. The president’s top economic adviser, in an interview on CBS News’s “Face the Nation,” called the Bloomberg report a “rumor”…