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Opinion: Hassett's election as Fed chairman raises concerns about Fed independence
3hours ago

While acknowledging Hassett's qualifications, Alan Sinai of Decision Economics expressed concerns about the Fed's independence after his appointment. Sinai noted, "If a low interest rate policy is pursued for political purposes—a direction strongly advocated and promoted by the Trump administration—the market would perceive it as administrative intervention in the central bank, posing macroeconomic risks."