Hassett Affirms Fed's Independence Despite Trump’s Influence
TL;DR
Kevin Hassett, a leading candidate for Fed chair, stated he would consider Trump's views but emphasized the Fed's independence, indicating that the president's opinions would not have equal weight in decision-making. This comes amid Trump's push for lower interest rates and concerns over political influence on the Fed.
- Hassett says Federal Reserve can reject Trump’s views if he is chair AP News
- Hassett Says Trump Can Offer Fed Advice But Won’t Set Its Action Bloomberg.com
- Kevin Hassett says Trump's opinion would have 'no weight' on the FOMC Fortune
- Hassett, on shortlist for Fed chair, says Trump’s voice ‘would have no weight’ in decisions thehill.com
- Fed chair front-runner Hassett says 'plenty of room' to cut rates Reuters
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