President Donald Trump regularly weighs in on Fed decisions, accusing the central bank of moving too slowly to lower interest rates.

"His opinion matters if it's good, if it's based on data," Hassett said.

Hassett declined in a CNBC interview to directly address his own candidacy but said forging consensus is an important part of the job.

Waller is one of the five finalists considered for to replace Fed Chairman Jerome Powell when his term expires in May.

President Donald Trump regularly weighs in on Fed decisions, accusing the central bank of moving too slowly to lower interest rates.

The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job.