White House Economic Director Praises Federal Reserve Chair Powell
National Economic Council Director Hassett described Jerome Powell as a good man and acknowledged ongoing interest in roles at the U.S. central bank.
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Terms & Concepts
- Federal Reserve: The central banking system of the United States, responsible for monetary policy and financial stability.
- National Economic Council (NEC): An advisory body within the White House that coordinates economic policymaking and advises the U.S. President on economic issues.