Top Trump financial adviser says Fed “needs to be fully independent” amid dismal jobs report

White House National Economic Council director Kevin Hassett advised "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to stress Fed Chair Jerome Powell to decrease rates of interest. CBS News enterprise contributor Javier David has the most recent.

CBS News 24/7 is the premier anchored streaming information service from CBS News and Stations that’s accessible free to everybody with entry to the web and is the vacation spot for breaking information, stay occasions, unique reporting and storytelling, and packages from CBS News and Stations’ prime anchors and correspondents working regionally, nationally and across the globe. It is on the market on greater than 30 platforms throughout cellular, desktop and linked TVs without cost, in addition to CBSNews.com and Paramount+ and stay in 91 nations.

Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News 24/7: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on X: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: [email protected]