A recent development in national economic policy has been reported. Kevin Hassett, Director of the National Economic Council, made a statement on Monday regarding potential intervention in Federal Reserve policy. Hassett's statement was in response to speculation about the Federal Reserve Chair.

It is known that Hassett rejected the idea of a specific request for advice from the Federal Reserve Chair, Kevin Warsh. Further details about this development can be found through KTXS, the local ABC affiliate in Abilene, Texas. They have reported on Hassett's statement, providing more information on the situation.