Kevin Hassett, Chairman of the National Economic Council, commented on outgoing Federal Reserve Chair Jerome Powell and incoming Chair Kevin Warsh in a media interview, stating, "I hope he leaves as soon as possible so Kevin can take full and easy control of the Fed."
Hassett expressed his desire for Powell to step aside, adding, "This would allow us to appoint another governor to the Federal Reserve."
He also reaffirmed, "We absolutely respect the independence of the Federal Reserve."
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