Hassett praises Trump's pick of Warsh to lead Fed, says he has his 'dream job' already

Kevin Hassett, the National Economic Council director once considered a clear frontrunner to be named the next Federal Reserve chair, said Friday he is fine with continuing in his current role.

Fresh off President Donald Trump's announcement that former Fed Governor Kevin Warsh will be the new chair, Hassett told CNBC that he was not disappointed and understands and supports the decision.

“I've got my dream job,” he said in a “Squawk on the Street” interview. “I think President Trump made a great choice, and I'm really thrilled and humbled by all the kind things he said about me.”

In a Truth Social post, Trump said Hassett “is doing such an outstanding job working with me and my team at the White House, that I just didn't want to let him go. Kevin is indescribably good so, as the expression goes, 'if you can't do better, don't try to fix it!' Thank you Kevin for doing such a great job!”

Hassett made similar comments, saying that an economic team that includes himself, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, has “been hitting on all cylinders, and it's a really bad time to change teams. You don't change quarterbacks when you're way ahead.”

“I really have high regard for Kevin, and we're going to put every effort that we have into getting him confirmed as soon as possible, so that we can get the Fed moving in the right direction,” Hassett added.