Hassett says he supports Federal Reserve independence amid Trump admin's rate cut push
1. Kevin Hassett supports Fed's independence amidst Trump's interest rate cut calls. 2. 70% of Americans favor independent Fed decision-making, increasing political pressure. 3. Attempts to fire Fed officials create uncertainty about monetary policy stability. 4. Trump's pressure on the Fed could lead to inflation and consumer distress. 5. Calls for Fed independence highlight bipartisan agreement but also contention.