Kevin Hassett remains the odds-on favorite to succeed Jerome Powell as chairman of the Federal Reserve — despite vast misgiving from Wall Street and CEO types.

“It’s in the president’s hands,” is how one person close to the process of nominating the next Fed chairman put it.

Trump began meeting with other candidates this week as he zeroes in on his decision for Fed chair. Earlier in the week, he sat down with former Fed governor Kevin Warsh, an academic at Stanford. Other candidates might make their way to the Oval for similar meetings.

But the managerial class — which is closely watching Trump’s choice for obvious reasons — sees these confabs as performative as opposed to substantive.

Hassett, every CEO and corporate executive I speak to, is the overwhelming favorite to take the j

See Full Page