White House Economic Council Director Uncertain on Trump’s Role in Fed Probe

Kevin Hassett stated he was unsure if President Trump had approved a Justice Department investigation into the Federal Reserve, suggesting Trump may not have been fully briefed on the case.

Summary

White House National Economic Council Director Kevin Hassett said he does not know if President Donald Trump approved an investigation into the Federal Reserve by the Justice Department. Hassett estimated that Trump has not yet been briefed on the case. He made no additional comments on the specifics of the probe.

Terms & Concepts
  • Federal Reserve: The central banking system of the United States, responsible for monetary policy and financial regulation.
  • Federal Reserve Chair: The head of the Federal Reserve, overseeing its policy decisions and operations.