Hassett: I'm disappointed in Powell's decision to stay as Fed governor

Kevin Hassett said he is disappointed that Jerome Powell plans to remain a Federal Reserve governor after his term as Fed chair ends. The remark is a political commentary on Fed leadership and governance rather than a policy change, so the immediate market impact is limited.

Analysis

Kevin Hassett said he is disappointed that Jerome Powell plans to remain a Federal Reserve governor after his term as Fed chair ends. The remark is a political commentary on Fed leadership and governance rather than a policy change, so the immediate market impact is limited.