Hassett: Fed Decisions Independent, President's Opinion Not Special
Update: 2025-12-14
Description
Kevin Hassett, a leading candidate for Federal Reserve chair, emphasizes the importance of independent decision-making within the Fed. He clarifies that while he would present the presidents opinions, they would not carry special weight in the committees decisions on interest rates. Hassett stresses that the Feds decisions are made by a committee vote, with the committees independence being paramount in its role.
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