tldr; Kevin Hassett, a frontrunner to replace the US Federal Reserve chair, stated that President Trump’s views on interest rates would hold ’no weight‘ in Fed decisions, emphasizing the agency’s independence. Trump has indicated a preference for either Hassett or Kevin Warsh as the next chair, with Hassett currently leading prediction markets. Trump has also expressed a desire for the next chair to consult him on interest rate decisions, though Hassett insists the Fed’s role is to remain independent and data-driven.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
cassydd on
Hassett is a known liar and Trump water-carrier (but I repeat myself) currently in the process of creating cover for his senate confirmation hearing.
MarioWilson122 on
Well then I guess he just let us know that he wont get chosen. The benefit that trump wants is for someone to actually listen, otherwise its just another jerome situation basically.
I_Stabbed_Jon_Snow on
Every Trump appointed SCOTUS judge raised their hand and swore that Roe v. Wade was settled law. Every single one.
NinjaChore on
When the market crashes, aren’t you tired of winning? Cuz I did that
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tldr; Kevin Hassett, a frontrunner to replace the US Federal Reserve chair, stated that President Trump’s views on interest rates would hold ’no weight‘ in Fed decisions, emphasizing the agency’s independence. Trump has indicated a preference for either Hassett or Kevin Warsh as the next chair, with Hassett currently leading prediction markets. Trump has also expressed a desire for the next chair to consult him on interest rate decisions, though Hassett insists the Fed’s role is to remain independent and data-driven.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Hassett is a known liar and Trump water-carrier (but I repeat myself) currently in the process of creating cover for his senate confirmation hearing.
Well then I guess he just let us know that he wont get chosen. The benefit that trump wants is for someone to actually listen, otherwise its just another jerome situation basically.
Every Trump appointed SCOTUS judge raised their hand and swore that Roe v. Wade was settled law. Every single one.
When the market crashes, aren’t you tired of winning? Cuz I did that