White House's Hassett Says 'Happy to Serve' If Chosen as Fed Chair

White House economic adviser Kevin Hassett said on Sunday that he would be happy to serve as the next chairman of the U.S. Federal Reserve if chosen by President Donald Trump.

Hassett's comments, which were made on Fox News' "Fox and Friends" program, came after Bloomberg News reported last week that he had emerged as the frontrunner to succeed Jerome Powell, whose term is set to end next year.