The post White House and Fed in Ongoing Talks on Interest Rate Policy appeared on BitcoinEthereumNews.com.

As regulatory discussions around digital assets gain momentum in the United States, two key developments highlight the growing intersection between policymakers and the crypto industry. White House economic advisor Kevin Hassett has revealed ongoing meetings with Federal Reserve Chairman Jerome Powell, underscoring the administration’s interest in influencing monetary policy amid debates over interest rates. Meanwhile, stablecoin issuer Tether has engaged with lawmakers to help shape federal stablecoin regulations, signaling a shift toward compliance as US officials consider new oversight measures.  White House Advisor Kevin Hassett Confirms Regular Meetings with Fed Chair Jerome Powell Amid Interest Rate Uncertainty The White House’s influence over US monetary policy has once again come into focus following the revelation that Kevin Hassett, director of the National Economic Council and a key economic advisor to former President Donald Trump, is holding regular meetings with Federal Reserve Chairman Jerome Powell. Hassett confirmed this during a recent interview on CBS’ Face The Nation, emphasizing that while Powell remains independent, the president’s views on monetary policy should be acknowledged. The disclosure comes at a critical moment as interest rate policies remain a contentious issue, with the Federal Reserve facing mounting pressure to adjust its stance in response to economic uncertainties and persistent inflationary concerns. During his appearance, Hassett was asked if these meetings aimed to pressure Powell into lowering interest rates. In response, he noted the Fed’s independence while also asserting that the president’s opinions should carry weight in monetary policy discussions. “Jerome Powell is an independent person. The Federal Reserve’s independence is respected. The point is the president’s opinion can also be heard — he is the president of the United States,” Hassett stated. Hassett pointed to a 40 basis point reduction in 10-year Treasury yields as evidence that financial markets anticipate declining inflation. This assertion suggests that…

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Filed under: News - @ February 17, 2025 12:16 pm