According to Odaily, Kevin Hassett, Director of the White House National Economic Council, has said that U.S. President Donald Trump is fully entitled to express his views on Federal Reserve policy. Hassett’s comments come amid ongoing public debate over the independence of the Federal Reserve and the role of the president in shaping economic discussions.
Speaking on the issue, Hassett emphasized that while the Federal Reserve operates independently, the president still has the right to share his opinions on monetary policy. He noted that freedom of speech applies to the president just as it does to any other American citizen. According to Hassett, expressing views on interest rates, inflation, or economic growth does not interfere with the Fed’s ability to make decisions.
The Federal Reserve is responsible for managing U.S. monetary policy, including setting interest rates and controlling inflation. Its independence is considered crucial for maintaining market stability and preventing political pressure from influencing economic decisions. However, presidents have historically commented on Fed policies, especially during periods of economic uncertainty or financial stress.
Donald Trump has been particularly vocal about the Federal Reserve in the past, often criticizing interest rate hikes and calling for looser monetary policy to support economic growth. These statements have drawn mixed reactions from economists, investors, and policymakers. Some argue that presidential comments risk undermining confidence in the Fed’s independence, while others believe such remarks are part of healthy public debate.
Hassett defended Trump’s approach by stating that discussing economic policy openly helps inform the public and encourages accountability. He stressed that voicing an opinion does not mean attempting to control or direct the Federal Reserve’s actions. The Fed, he said, remains guided by data, economic indicators, and its dual mandate of price stability and maximum employment.
Market observers continue to closely watch interactions between the White House and the Federal Reserve, as even comments can influence investor sentiment and financial markets. Clear communication, analysts say, is essential to avoid unnecessary volatility.
Hassett’s remarks aim to reassure markets that despite strong language or criticism, the Federal Reserve’s independence remains intact. At the same time, the statement highlights the ongoing balance between political leadership and institutional autonomy in shaping U.S. economic policy. As economic challenges evolve, discussions around monetary policy and executive commentary are likely to remain a key topic in public and financial circles. #TrumpCrypto
