Trump Hesitant to Move Hassett to Fed Chair

1 min read
Source: Politico
TL;DR Summary

Trump signaled hesitance to appoint Kevin Hassett as Federal Reserve chair, saying he’d prefer to keep Hassett at the National Economic Council; the remark comes as Republicans raise concerns about Fed independence amid a DOJ probe into Powell, with Sen. Thom Tillis delaying confirmation votes until the investigation is resolved, while Hassett remains the front-runner who has urged more transparency at the Fed to reassure markets.

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