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Trump’s Potential Fed Chair Kevin Hassett Suggests Major Federal Reserve Overhaul

Kevin Hassett, seen as the leading candidate for Federal Reserve chair under Donald Trump, has indicated plans for broad institutional reforms.

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Terms & Concepts
  • Federal Reserve: The central banking system of the United States, responsible for monetary policy, financial stability, and regulation of banks.
  • Federal Reserve overhaul: A significant restructuring or reform of the U.S. central banking system’s policies, governance, or operations.