WHITE HOUSE HASSETT: WOULD EXPECT ANOTHER FEW MONTHS BEFORE FED CHAIR PICK WILL HOPEFULLY FINALIZE TRADE DEAL WITH SOUTH KOREA
HASSETT: WOULD EXPECT ANOTHER FEW MONTHS BEFORE FED CHAIR PICK
White House Senior Adviser Hassett states that the administration aims to finalize a trade deal with South Korea in the near future.
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.
