HASSETT says Federal Reserve can reject TRUMP’s views if he is chair

Monday, December 15, 2025 -Former White House economist Kevin Hassett has stated that the Federal Reserve would retain its independence even if President Donald Trump were appointed as chair. 

Hassett emphasized that the central bank has statutory authority to make decisions on monetary policy without political interference, highlighting the importance of maintaining credibility in financial markets. His comments come amid ongoing speculation about potential leadership changes at the Fed.

The statement underscores concerns among investors and policymakers about the potential for political pressure to influence interest rate decisions, inflation control, and overall economic stability. 

Analysts note that preserving the Fed’s independence is critical to maintaining market confidence, ensuring that monetary policy decisions are based on economic data rather than partisan considerations.

Experts warn that even the perception of political influence could create volatility in financial markets. Hassett’s remarks aim to reassure markets and the public that the Fed has institutional safeguards to uphold its mandate. 

As discussions about potential leadership shifts continue, the central bank’s ability to act autonomously remains a key focus for economists, investors, and global financial observers.