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Hassett Hopes Powell Will Leave the Fed Soon for Walsh to Take Control Easily

On May 22, Kevin Hassett, Director of the National Economic Council, expressed in an interview regarding outgoing Federal Reserve Chairman Jerome Powell and incoming Chairman Kevin Walsh: "I hope he can leave soon so that Kevin can fully and easily take charge of the Fed." Hassett stated, "I hope Jay (Powell) can step aside so we can arrange for another governor to join the Federal Reserve." He also reiterated, "We absolutely respect the independence of the Federal Reserve."

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