Hassett, on shortlist for Fed chair, says Trump's voice 'would have no weight' in decisions
NeutralU.S News

- Kevin Hassett, a candidate for the chair of the Federal Reserve, stated that if appointed, President Trump's opinions would not influence interest rate decisions at the independent agency. This assertion was made during an interview on CBS News’s 'Face the Nation,' highlighting the Fed's autonomy in monetary policy matters.
- The significance of this statement lies in the ongoing debate about the independence of the Federal Reserve, especially in light of Trump's previous calls for more influence over interest rate decisions. Hassett's position reinforces the Fed's commitment to operate without political pressure.
- This development reflects a broader tension between political leadership and economic policy, as Trump has previously expressed a desire for the Fed to consider his views on interest rates. The contrasting perspectives on the Fed's role and its independence continue to shape discussions around economic governance and policy-making.
— via World Pulse Now AI Editorial System






