Alex Ossola

I'm Alex Osola for The Wall Street Journal.

We'll be back with a new show tomorrow morning.

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President Trump signals that one candidate for the next Fed chair may be out of the running.

Plus, ads are coming to chat GPT as OpenAI looks for fresh revenue.

And Agriculture Secretary Brooke Rollins says you can have a good dinner for $3.

Our reporters check that out.

It's Friday, January 16th.

I'm Alex Osola for The Wall Street Journal.

This is the p.m.

edition of What's News, the top headlines and business stories that move the world today.

The contest for the next chair of the Federal Reserve, what you may recall as the battle between the two Kevins, is far from over.

Today, President Trump signaled that he may want to keep National Economic Council Director Kevin Hassett in his current job.

Speaking at a health care event at the White House today, Trump addressed Hassett, who was seated in the front row.

Fed Chair Jerome Powell's term is up in May.

For more on where the contest to succeed him stands, I'm joined now by WSJ Chief Economics Correspondent Nick Timoros.

So, Nick, at certain points towards the end of last year, Hassett seemed like maybe the frontrunner.

Today we hear from Trump, maybe that's not true anymore.

Where does that leave the other Kevin in the running, former Fed Governor Kevin Warsh?

And how up in the air is this decision?