White House National Economic Council Director Hassett: The Federal Reserve lacks transparency.

Kevin Hassett, Director of the White House National Economic Council, stated that the Federal Reserve lacks transparency and President Trump is considering this in his next steps. Hassett expressed disappointment that the Federal Reserve has not released a model explaining the impact of tariffs. Hassett also expressed concern that the decoupling of US interest rates with European interest rates is worrisome and suggests that the Federal Reserve may not be politically neutral or independent.