All articles tagged with #hassett
A Justice Department investigation into Fed Chair Jerome Powell heightens scrutiny of central bank independence as President Trump weighs a nomination for Kevin Hassett, with lawmakers signaling potential confirmation hurdles and a broader debate over how political influence could shape the Fed's leadership.
Kevin Hassett, a finalist for the Fed chair, emphasizes the importance of Fed independence and consensus in setting interest rates, despite political pressures and his close ties to President Trump, amidst ongoing discussions about the Fed's leadership transition.
Kevin Hassett's potential appointment as Federal Reserve chair faces opposition from individuals close to President Trump due to concerns about his closeness to the president, according to CNBC reports.
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.
President Donald Trump announced he has chosen his candidate for the next Federal Reserve chair, with Kevin Hassett seen as the likely nominee, who is expected to push for interest rate cuts. The selection requires Senate confirmation and could influence market rates and economic policy.
President Trump confirmed that Kevin Hassett, Christopher Waller, and Kevin Warsh are the finalists for the Fed chair position after Jerome Powell, with the decision likely influenced by recent economic data and interest rate considerations.
President Trump identified Kevin Hassett, Christopher Waller, and Kevin Warsh as the finalists for the Fed Chair position, with the decision timeline still unclear amid ongoing interest rate discussions and Fed leadership speculation.