Hassett says next Fed Chair should review the central bank’s overall size and structure ...Middle East

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Hassett says next Fed Chair should review the central bank’s overall size and structure

White House senior adviser Kevin Hassett criticised the Federal Reserve for not adequately explaining its past policy errors and raised concerns about its independence.

In a Fox Business interview, he said the next Fed Chair should consider reviewing the central bank’s overall size and structure. His remarks highlight increasing political pressure on the Fed and its decision-making.

    said the Federal Reserve should be more transparent about how it makes policy decisions and urged it to release its internal models, particularly those related to tariffscalled it “disappointing” that the Fed hasn’t made its tariff impact model public, stressing that transparency is crucial amid the ongoing economic debate over trade policy. This article was written by Eamonn Sheridan at www.forexlive.com.

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