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Hassett Signals Major Fed Overhauls Pulls as Trump Frontrunner Seats

Kevin Hassett signals readiness to shake up the Federal Reserve.

In an interview with Fox Business’ Larry Kudlow on Tuesday, the director of the National Economic Council Director – and Fed Chair Frontrunner – publicly suggested that he will drop the important parts of the Federal Reserve and examine everything in the regional research.

“The point is that the Fed should be focusing on monetary policy and trying to get out of politics,” Hawstt said.

“And think how many times in the last few years, or even this year, you’ve seen people feed people, and they can continue to talk about taxes doing the opposite of what Alan Greenspan advised us to do.”

Americans will look at their wallets and see Trump is ‘good’ for the economy: Kevin Hassett

“I think the Fed needs to go back to being a non-neportisan organization that focuses on banking and monetary policy and tries to stay out of politics,” he stressed.

Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington on March 13, 2025. (Pet Pictures)

A few weeks ago, Hassett appeared as President Donald Trump’s Faires to Phow Powell Jerome as Chairman of the Fed. The White House’s top economic adviser then said on “Fox & Friends weekend” at the weekend “earlier this month that he would be “happy to serve” if chosen by the next Chairman.

Hassett has commented in the past and criticized Powell’s leadership, mainly arguing that the central bank has made policy mistakes and needs an opportunity to change its approach to independence and data-driven data.

His comments on Tuesday come at the same time as the Federal Reserve meets to make its next decision, which it will announce on Wednesday. Hasstt noted that there is “definitely” more room for rate cuts now and in the future.

“The reason is that we have a big, big problem right now in aggregate supply. And that’s causing inflation when there’s aggregate demand that’s working before aggregate supply,” Hassett explained. “But because of the shock of AI [dollars] With new factories coming on board and faster, all of that increases aggregate supply, which puts positive pressure on prices. “

In addition to returning to a strange policy focus, Hassett mentioned will also examine or cut Economists and divisions, as well as the return of throwing members as necessary.

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“Are they doing a good job of predicting how the economy is going to go in the next 12 months? And they have people who are very good at lighting the economy, so, they’re taking a very good job,” he said. “But I think if you go back and look at the research literature, there are a lot of things that aren’t stellar for monetary policy.”

“Any new chair made by Fed Sounes we have to investigate and think about who is doing a good job and who is not doing a good job,” continued Hawstt. “The American people and the President expect the next stolen chair to hold people, to make people, to help people succeed and not need anything or be organized with new ideas of how to do things.”

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