Bank of America survey: Most investors expect Hassett to become the next Federal Reserve Chair

According to Mars Finance, a Bank of America global fund manager survey released on December 16th showed that most investors expect Trump to nominate White House economic advisor Kevin Hassett as the next Federal Reserve Chairman. Approximately 69% of respondents predicted Hassett's nomination, while only 4% mentioned Fed Governor Waller, and another 4% expected former Fed Governor Kevin Warsh to be nominated. This survey was conducted before Trump told the Wall Street Journal that he preferred either Hassett or Warsh to lead the Fed. Current Fed Chairman Powell's term ends next May. (Jinshi)