TechFlow news, January 16 — According to Jinshi Data, Adam Button, an analyst at financial website Investinglive, said that Trump commented positively on White House National Economic Council Director Hassett's television appearance today, stating he "might want him to stay on." Trump added, "We'll see." Some Republican senators have expressed reservations about Hassett due to his close ties with Trump, which could make his confirmation more difficult compared to the other three candidates. Boosted by this news, the dollar rebounded, highlighting that the Federal Reserve's decisions are largely tied to political credibility. Among all candidates, Hassett is seen as the least independent, yet paradoxically the most dovish, aligning with Trump’s long-standing desire for lower interest rates. Likewise, gold prices quickly dropped to their lowest level since Tuesday.
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