Hassett Emphasizes Fed Independence Despite Trump Connections
TL;DR
Kevin Hassett, a finalist for the Fed chair, emphasizes the importance of Fed independence and consensus in setting interest rates, despite political pressures and his close ties to President Trump, amidst ongoing discussions about the Fed's leadership transition.
- Fed chair candidate Hassett says independence is 'really important,' candidates shouldn't be disqualified for being Trump's friend CNBC
- Kevin Hassett says he'd be happy to talk to Trump everyday as Fed chair, but the president's opinion would have 'no weight' on the FOMC Fortune
- Hassett Says Trump Can Offer Fed Advice But Won’t Set Its Action Bloomberg.com
- Hassett says Federal Reserve can reject Trump’s views if he is chair AP News
- Hassett, on shortlist for Fed chair, says Trump’s voice ‘would have no weight’ in decisions thehill.com
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