Kevin Hassett, Director of the National Economic Council, stated on Monday that Federal Reserve Chair Kevin Warsh is not asking the White House for guidance regarding monetary policy. During an appearance on CNBC's "Squawk Box," Hassett described his long-standing friendship with Warsh, mentioning that they have known each other for 30 years and that they communicate regularly.
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Hassett states Warsh is not seeking White House advice on interest rates
Kevin Hassett, the National Economic Council Director, clarified that Federal Reserve Chair Kevin Warsh is not seeking advice from the White House on monetary policy. Hassett emphasized their close friendship and frequent communication during a CNBC interview.
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Original Headline
Hassett: Warsh ‘not asking the White House for advice’ on interest rates
Neutral Headline
Hassett states Warsh is not seeking White House advice on interest rates