Dec 3 (Reuters) – Bond investors have expressed concerns to the U.S. Treasury that Kevin Hassett could aggressively cut interest rates to align with President Donald Trump’s preferences, the Financial Times reported on Wednesday, citing several people familiar with the conversations.

The discussions with executives at major Wall Street banks, asset management giants and other big players in the U.S. debt market took place in November, before Treasury Secretary Scott Bessent held his second round of interviews with candidates to replace Jerome Powell, the report said.

Reuters could not immediately verify the report. The White House and Treasury did not immediately respond to Reuters’ requests for comments.

The bankers and investors were worried that Hassett could agitate for indiscrimina

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