According to White House NEC Director Kevin Hassett, questions around Jerome Powell remain uncertain, while the administration says it has not threatened Federal Reserve independence and is also reviewing executive orders on AI and business.
White House National Economic Council Director Kevin Hassett said questions surrounding Federal Reserve Chair Jerome Powell remain uncertain and stated that the administration has not threatened the Federal Reserve’s independence. He also said the White House is studying executive orders related to artificial intelligence and business, with a clear AI roadmap under review on May 6. The remarks add policy context beyond the Fed-related comments already being watched by markets for signals on monetary policy and financial conditions.