Hassett: If at the helm, the Federal Reserve will firmly defend its independence

Wallstreetcn
2026.01.16 14:59
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Hassett emphasized the importance of the Federal Reserve's independence for economic stability, promising to firmly uphold this principle if he leads the central bank. He expressed hope that the Justice Department's investigation "will not uncover significant issues," and revealed that he will attend the Davos Forum with Trump next week, where he will announce a new policy allowing 401(k) funds to be used for down payments on housing. Hassett also confirmed that he is advancing the "Trump Card" financial innovation and expressed approval of several potential Federal Reserve chair candidates