White House Sees Fed Chair Pick Months Away, Eyes Swift South Korea Trade Deal

White House senior adviser Kevin Hassett said the administration expects it will be "a few months" before President Donald Trump selects the next chair of the Federal Reserve. Speaking in a televised interview, Hassett indicated that the decision process is likely to extend well past the summer, without giving a firm timetable or disclosing candidates under consideration. Hassett also signaled progress in trade negotiations with Seoul, stating that the United States "will hopefully finalize" a bilateral trade deal with South Korea in the near future. He offered no details on remaining issues but framed the accord as a priority alongside the pending Fed appointment.