[Bond investors worry Hassett may cut interest rates to please Trump] The Financial Times, citing informed sources, reported that bond investors have warned the U.S. Treasury, expressing concerns that if Hassett were to become the Federal Reserve Chair, he might take interest rate reduction measures to please U.S. President Trump. In November, U.S. Treasury Secretary Besent had actively sought opinions. After the December 2 cabinet meeting, Trump stated at the White House that Hassett is a 'potential Federal Reserve Chair' and may announce the appointment decision in January.