Hassett, a "dove to the extreme," may miss out on the chairmanship of the Federal Reserve
Svmuu News: Adam Button, an analyst at the financial website Investinglive, said that Donald Trump noted that Hassett, Director of the White House National Economic Council, performed well on television today, and that he “might want to keep him on.” Donald Trump He added, “We’ll have to wait and see.” Some Republican senators have reservations about Hassett due to his close ties to Donald Trump, so he may face a tougher confirmation process than the other three candidates. Boosted by this news, the dollar rebounded, as it underscored that Federal Reserve’s decision hinges primarily on political credibility.Among all the candidates, Hassett is considered the least independent, yet because Donald Trump has long called for interest rate cuts, Hassett is actually viewed as the most dovish. Similarly, gold prices quickly fell to their lowest level since Tuesday. (Jin Shi)
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