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White House adviser Hassett: Fed independence is really important

ReutersDec 16, 2025 2:28 PM

- White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns he might be too close to the president.

"The Federal Reserve's independence is really, really important," Hassett said in an interview with CNBC. He also said there was plenty of room to lower interest rates in the U.S. economy, something Trump has been pushing since retaking office.

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