Federal Reserve Hassett Trump independence.

Director of the National Economic Council Kevin Hassett does a television interview at the White House, Wednesday, Dec. 10, 2025, in Washington. (AP Photo/Alex Brandon)

Hassett says Federal Reserve can reject Trump’s views if he is chair

A leading candidate to be President Donald Trump’s choice for Federal Reserve chair says he would present the president’s views to Fed officials for their consideration but they could reject them if they chose when making decisions on interest rates. Hassett’s comments Sunday come as Trump is reportedly in final interviews with potential replacements for the Fed’s current chair, Jerome Powell. Trump’s outspokenness about interest rates has raised concerns about the Fed’s independence from day-to-day politics under any chair he appoints.

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