Hassett: Fed Decisions Independent, President's Opinion Not Special

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. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.