White House economic adviser and Federal Reserve chair front-runner Kevin Hassett's candidacy has received some pushback from people close to President Donald Trump, CNBC reported on Monday, citing sources familiar with the matter.

President Donald Trump has said he has narrowed down his choice for the next chair of the Federal Reserve to one person, and hinted that it will be Kevin Hassett, now director of the White House’s National Economic Council.

The race to become the Federal Reserve’s next chair appeared almost over just a couple of weeks ago, but it’s now back to looking like a real competition.

Trump is obsessed with lowering short-term interest rates, and while the office’s current occupant just cut them a bit, Trump wants them cut more.