Trump’s adviser Kevin Haysit opposes the presidential influence on the federal reserve

The director of the National Economic Council, Kevin Haysit, said on Sunday that Federal Reserve Monetary policy decisions should not be subject to political influence amid the Trump administration’s calls to the Central Bank to reduce interest rates.

Hasait appeared on CBS News “Confronting the nation,“The host Margaret Brennan cited CBS, who found that 70 % of Americans want the Federal Reserve to make decisions independent of President Donald Trump, although 59 % of Republicans want the Federal Reserve to be guided by what Trump wants. Then I asked Haset about the camp in which it will fall.

“If you are in this poll, I say 100 % that monetary policy, the monetary policy of the federal reserve, needs to be completely independent of political influence,” said Haset.

“Including President TrumpHe added in response to a follow -up question from Brennan.

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“The truth is that we looked at the countries that allowed leaders to control central banks, and what tends to happen is that An inflation recipe “The misery of consumers, and so on, the independence of the central bank is some – as I saw, there was a hearing this week on that, that Democrats, Republicans and the White House agreed on all of them,” he said.

“Now, the question is, was the current central bank independent as we would like, transparency as we would like? I think there is some conflict about that,” Haysit said.

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Hasit’s comments come at a time when President Trump and his allies are pressing the Federal Reserve to reduce interest rates, which the administration says will stimulate economic growth with the cost of America’s service lower more than National debt worth $ 37 trillion.

The president has repeatedly threatened to shoot at the Federal Reserve Chair Jerome PowellThe one appointed him in this role in 2017, although he retracted those threats with the state of Powell as a president that is scheduled to end in May 2026.

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Bill Polly, director of Trump’s ally and director of the Federal Housing Agency, has provided criminal referrals targeting the Federal Reserve Governor Lisa Cook on charges of defrauding the alleged mortgage. Cook has not been charged with a crime and the Ministry of Justice investigated PULTE referrals.

After Cook rejected the resignation amid calls from Polati and Trump to do so, the President fired it, noting the allegations that it is sufficient to remove the “cause.”

The federal law that rules the central bank does not allow the president to remove the ruler of the Federal Reserve Bank except for the cause, which is usually explained as a poor manner of misconduct.

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Trump is trying to shoot the cooking for the first time in the history of the United States, the president tried to launch a federal reserve official.

Cook presented a lawsuit The shooting and allowing it to remain a member of the voting of the Federal Monetary Policy Committee.