Politics

Kevin Hassett says Fed monetary policy should be "fully independent" of presidents

Kevin Hassett says Fed monetary policy should be "fully independent" of presidents

Director of the National Economic Council Kevin Hassett said the Federal Reserve’s monetary policy “needs to be fully independent of political influence — including from President Trump.”

Read the full article on CBS Politics

Truth Analysis

Factual Accuracy
4/5
Bias Level
4/5

Analysis Summary:

The article accurately reports Kevin Hassett's statement regarding the Federal Reserve's independence. The bias is minimal, presenting a straightforward account of the statement. However, without external sources, a full verification of the context and implications is limited.

Detailed Analysis:

  • Claim: Kevin Hassett stated the Federal Reserve's monetary policy should be 'fully independent' of presidents, including President Trump.
  • Verification Source #1: The article itself directly quotes Hassett making this statement.
  • Assessment: Supported

Supporting Evidence/Contradictions:

  • Director of the National Economic Council Kevin Hassett said the Federal Reserve's monetary policy 'needs to be fully independent of political influence — including from President Trump.'