I agree with this person becoming the Chair of the Federal Reserve!

Hassett: The Fed has ample room for significant rate cuts
On December 9, it was reported that Kevin Hassett, a leading candidate for the next Chair of the Federal Reserve and Director of the White House National Economic Council, stated on Tuesday that he believes the Fed has "ample room" for significant rate cuts. When asked if he would push for the "significant rate cuts" President Trump desires if appointed, he replied: "If the data show we can do so—for example, right now—I believe there's absolutely room to do so." When further pressed on whether this means a rate cut exceeding 25 basis points, he responded clearly: "That's right." In an interview with Politico on Tuesday, Trump said that a rapid rate cut would be a "litmus test" for his choice of Fed Chair. When asked whether, if appointed Chair, his loyalty would be to Trump or to independent economic judgment, Hassett said: "I would stick to my own judgment, and I believe the President also trusts my judgment." $ETH
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