White House National Economic Council Director
“I think that’s the appropriate legal understanding,” Hassett said in a Bloomberg event in New York Wednesday when asked about Powell’s plan.
Powell last month said that if his successor is not confirmed before his term as chair ends in May, he would serve as chair
WATCH: White House National Economic Council Director Kevin Hassett says he supports Federal Reserve Chair Jerome Powell’s plan to stay on at the central bank’s helm on a temporary basis if a successor hasn’t been confirmed by the Senate when his term expires. Source: Bloomberg
President
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