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BumRushDaShow

(164,777 posts)
Mon Dec 15, 2025, 03:15 AM 19 hrs ago

Hassett says Federal Reserve can reject Trump's views if he is chair

Source: AP

Updated 3:53 PM EST, December 14, 2025


WASHINGTON (AP) — A leading candidate to be President Donald Trump’s choice for Federal Reserve chair said that he would present the president’s views to Fed officials for their consideration but they could reject them if they chose when making decisions on interest rates.

Kevin Hassett, in an interview Sunday on CBS News’ “Face the Nation,” said he would continue to speak with Trump if he becomes the Fed chair. But when asked if Trump’s opinions on interest rates would have “equal weighting” with members of the Fed’s interest-rate setting committee, Hassett replied, “No, he would have no weight.”

“His opinion matters if it’s good, if it’s based on data,” Hassett continued. “And then if you go to the committee and you say, well, the president made this argument and that’s a really sound argument, I think, what do you think? If they reject it, then they’ll vote in a different way.”

Hassett’s comments come as Trump is reportedly in final interviews with potential replacements for the Fed’s current chair, Jerome Powell. Trump has emphasized that he expects whomever he nominates to lead the Fed will sharply lower the central bank’s key rate, which currently stands at about 3.6%. Trump has said it should be cut to 1% or lower, a view almost no economist shares. Trump’s outspokenness has raised concerns about the Fed’s independence from day-to-day politics under any chair he appoints.

Read more: https://apnews.com/article/federal-reserve-hassett-trump-independence-2a2a5c1bd7de916d1118f2c9d863cde7

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rampartd

(3,445 posts)
1. of course they can deny dear leader his divine right, hassett
Mon Dec 15, 2025, 04:52 AM
17 hrs ago

if they want the paranoid death threat/trial for treason treatment trump uses on any adult who denies him instant gratification.

after he fires them of course..

no_hypocrisy

(54,063 posts)
2. Name one, just one, individual who has said "No" to Trump and has
Mon Dec 15, 2025, 05:32 AM
16 hrs ago

continued on with their position unscathed.

littlemissmartypants

(31,249 posts)
3. He reminds me of Mr. Magoo and...
Mon Dec 15, 2025, 05:51 AM
16 hrs ago

His kiss up skills are epic.

"I talk to the President every day and the President has very interesting ideas. I could talk to him for hours." Him to MB on FTN, (Fuck!! The Nation) on CBS.

Walleye

(43,618 posts)
4. Great put the incompetent chuckleheads in charge of the important things
Mon Dec 15, 2025, 07:13 AM
15 hrs ago
because this guy is a chucklehead

LymphocyteLover

(9,241 posts)
5. God help us if this moron is appointed fed chair
Mon Dec 15, 2025, 07:26 AM
14 hrs ago

this insane and ridiculous administration will have achieved 100% incompetent joke status in its appointees

Efilroft Sul

(4,275 posts)
6. If you don't hear Trump blowing back Hassett's hair or openly reconsidering his nomination, you know the fix is in.
Mon Dec 15, 2025, 08:16 AM
14 hrs ago

Hassett's marching orders are: "Tell 'em what they want to hear so you can later do my bidding."

Lonestarblue

(13,166 posts)
9. Hassett is a Republican. Republicans always lie to get their jobs.
Mon Dec 15, 2025, 09:14 AM
13 hrs ago

He will march to Trump’s insanity once confirmed.

Kid Berwyn

(22,614 posts)
11. Crooks will say anything to get a job.
Mon Dec 15, 2025, 10:36 AM
11 hrs ago

Perjury. It’s not against the law for Republicans.

maxrandb

(17,089 posts)
14. There is no MAGAt, Reich-wing dipshit who is as creepy as Hassett...NONE
Mon Dec 15, 2025, 01:13 PM
9 hrs ago
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