The post Hassett Advocates Fed Independence Amid Trump’s Rate Remarks appeared on BitcoinEthereumNews.com.

Key Points: Hassett emphasizes Fed’s independence; Trump suggests interest rate influence. Independence of monetary policy maintained. Trump’s advisors continue to pressure for rate cuts. Kevin Hassett affirmed Federal Reserve independence while considering President Trump’s rate views on CBS’s “Face the Nation,” intensifying discussions on interest rate autonomy and leadership choices. Hassett’s acknowledgment of independent Fed decision-making amidst political pressure highlights concerns over monetary policy direction, crucial with Powell’s term end approaching in 2026. Kevin Hassett Champions Fed Independence Amid Political Pressure Kevin Hassett stressed the importance of Federal Reserve independence, addressing Trump’s earlier remarks on rate influence. Trump expressed the desire for more control, sparking debates about central bank autonomy. The core change involves balancing the Fed’s autonomous decision-making while taking into account the presidential views, stirring political and economic discourse. Hassett’s comments re-emphasize the Fed’s mission to act independently, crucial amidst global economic conditions. “The Federal Reserve is an independent agency, and ultimately the committee will make its own decisions regardless of what the President thinks.” – Kevin Hassett, Former Chair of the Council of Economic Advisers, White House The community’s reaction includes concern from investors and policymakers. Economists highlight the necessity of Fed independence to maintain market credibility. Trump’s comments sparked various responses from financial analysts and political commentators, emphasizing independent monetary policy. Bitcoin Droops to $88,217 as Fed Debate Unfolds Did you know? During a similar period in 2018, President Trump’s comments on Federal Reserve policies also influenced economic discourse worldwide, emphasizing the delicate balance between political influence and economic autonomy. Bitcoin (BTC) currently trades at $88,217.79, with a market cap of $1.76 trillion, decreasing by 2.20% in the last 24 hours, CoinMarketCap reports. Its 24-hour trading volume stands at $50.17 billion, showcasing a significant market participation dip. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 00:12 UTC…

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Filed under: News - @ December 15, 2025 12:26 am