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Hassett Says Trump Won't Give Fed Chair Walsh Rate Advice
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News EditorKevin Hassett, director of the White House National Economic Council, said on Aug. 7 that he believes President Trump will not give Fed Chair Kevin Walsh advice on interest rates. Earlier, when asked whether Walsh should avoid rate hikes before the midterm elections, Trump said it was not entirely up to him, praising Walsh as excellent and saying he would not criticize him.
Kevin Hassett, director of the White House National Economic Council, said on Aug. 7 that he believes President Trump will not offer Fed Chair Kevin Walsh any advice on interest rates. Hassett's remarks came after Trump, when asked whether Walsh should hold off on rate hikes ahead of the midterm elections, said: "It's partly up to him, but not entirely. He's got a very political committee. It's not entirely up to him; it's up to the committee. I think he's excellent. I'm not going to criticize him."
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