[White House Advisor: Will Not Replace Federal Reserve Governor Cook, Supports Rate Cut Stance] BlockBeats News, August 10, White House economic advisor Kevin Hassett stated that if Federal Reserve Governor Lisa Cook is removed from her position due to related allegations, he would not take over her role. Hassett remarked that the allegations against Cook fall under the jurisdiction of law enforcement investigations and expressed, 'I hope Cook is innocent.' Previously, Cook had been challenging the Trump administration's attempts to remove her from her position as Federal Reserve Governor. Regarding monetary policy, Hassett indicated that if he were involved in decision-making, he would lean toward maintaining the current interest rate levels or implementing rate cuts. He believes that U.S. inflation is easing, while supply-side growth momentum remains strong, providing room for a more accommodative policy environment.