White House economist Hassett stresses Warsh’s independence at Fed: ‘Not asking for advice’ White House National Economic Council Director Kevin Hassett addressed concerns about Federal Reserve Chair Kevin Warsh potentially seeking direction from President Trump. Hassett stated that Warsh would not be asking for advice on interest rate decisions. This statement aimed to reassure the public about the Federal Reserve’s independence.

• White House National Economic Council Director Kevin Hassett addressed fears about Federal Reserve Chair Kevin Warsh.
• Hassett pushed back against the idea that Warsh would seek direction from President Trump.
• Hassett clarified that Warsh would not be asking for advice on setting interest rates.