Bank of America survey: Kevin Hassett expected to lead the Federal Reserve

 Bank of America's December Global Fund Manager Survey shows that most investors expect U.S. President Trump to nominate White House economic advisor Kevin Hassett as the next Federal Reserve Chair. About 69% expect Hassett to be nominated, while only 4% mentioned Federal Reserve Governor Christopher Waller, and another 4% expect former Fed Governor Kevin Warsh. The survey was conducted before Trump told the media he preferred Hassett or Warsh to lead the Fed. Current Federal Reserve Chair Jerome Powell's term will end in May.