Fed Chair Race SHOCKS! Trump’s Pick Under FIRE!
Is the Federal Reserve's independence truly at risk? National Economic Council Director Kevin Hassett, a finalist for Fed chair, publicly defended central bank independence amidst President Trump's search for a successor to Jerome Powell. Hassett emphasized the importance of consensus-based decision-making, a stance that clashes with President Trump's public demands for aggressive interest rate cuts. Advisors reportedly worry Hassett might be too close to the President, potentially compromising the Fed's mandate, a concern Hassett dismisses. With a decision looming, the future of Fed policy hangs in the balance. Subscribe now for ongoing updates on this critical financial story.
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