[Sources Say Trump Trusts Hassett, Both Align on Proactive Rate Cuts] Sources reveal that U.S. President Trump trusts Hassett and believes that Hassett shares his willingness to push for more proactive interest rate cuts by the central bank. Hassett has stated that he would accept the position if invited. U.S. Treasury Secretary Mnuchin said last week that Trump might announce his nominee before the Christmas holiday. Other shortlisted candidates include Federal Reserve Board members Christopher Waller and Michelle Bowman, former Fed Governor Kevin Warsh, and BlackRock's Rick Rieder. Trump has repeatedly expressed his desire for Mnuchin to serve as chairman, but Mnuchin has declined multiple times.