Kevin Hassett rebuffs Trump influence as Fed chair decision eyed mid-January

On Sunday, Kevin Hassett said on CBS News' Face the Nation that the Federal Reserve's process should remain independent, with a chair announcement expected in mid-January. On Friday, Donald Trump told The Wall Street Journal the finalists are Kevin Hassett and Kevin Warsh. Crypto markets stayed muted after last Wednesday's 25 bp cut to 3.5%–3.75%.