Kevin Hassett Says Fed Rate Decisions Tainted by Partisan Politics

Trump Advisers Push for Temporary Fed Governor

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By Hadriana Lowenkron and Magan Crane

August 6, 2025 at 9:57 AM EDT

Updated on

August 6, 2025 at 10:44 AM EDT

National Economic Council Director Kevin Hassett accused the Federal Reserve of injecting politics into its interest-rate decisions.

“If you look at the pattern of the Fed movements over the last few years, you could wonder, were they putting politics ahead of their mandate?” Hassett said Wednesday in an interview on Fox Business.