Hassett Hopes Cook Innocent, Rules Out Taking Her Place at Fed

In a recent statement, White House National Economic Council Director Kevin Hassett expressed his hope that Federal Reserve Governor Lisa Cook is innocent in the allegations of mortgage fraud that have surfaced. Hassett emphasized that regardless of the outcome, there are no plans to replace Cook on the Federal Reserve's board. This situation underscores the importance of due process and the potential impact on public trust in the central bank's integrity. The focus remains on ensuring that individuals are rightfully judged before any decisions regarding their roles are made.