Hassett Says White House Will Respect Fed Rate Decision, Weighs AI Guardrails

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White House economic adviser Kevin Hassett said the Trump administration will accept whatever the Federal Reserve decides on interest rates this week, while reiterating that he and President Donald Trump believe rates should not rise. Speaking Sunday on CNN's "State of the Union," the National Economic Council director said Trump "100% respects the independence" of Federal Reserve Chair Kevin Warsh, and pointed to a three-month slowdown in inflation, arguing recent data are more encouraging than the 12-month figures. The consumer price index rose 3.4% in August from a year earlier and 0.4% from July, while core inflation, which excludes food and energy, increased 2.4% over the year, according to the Bureau of Labor Statistics. Hassett also played down Trump's threat to halt trade with surplus countries including China, Canada, Mexico, Germany and Japan if the Fed does not lower rates, saying he does not expect trade to go to zero. On artificial intelligence, Hassett called Anthropic CEO Dario Amodei's proposal to slow the rollout of more powerful systems and give independent evaluators greater access to developers' work thoughtful, and said White House technology and cybersecurity officials are expected to meet this week to consider possible guardrails.

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Hassett called Anthropic CEO Amodei's AI-slowdown proposal thoughtful as White House weighs possible AI guardrails

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