National Economic Chief Kevin Hassett confirmed Friday he will travel to Davos alongside President Donald Trump, where the president plans to unveil a proposal letting 401(k) funds be tapped for home down payments. Hassett, a front‑runner for the next Federal Reserve chair, used the Fox Business interview to stress his commitment to central‑bank autonomy.

During the same segment Hassett dismissed concerns about a Department of Justice probe into the Fed, saying he expects “nothing to see here” and no issues with alleged building‑cost overruns. He also hinted at upcoming “Trump Cards” from major banks, suggesting credit‑card initiatives could roll out without new legislation.

Hassett’s pledge of Fed independence arrives as the nomination process intensifies; senators will weigh his stance against political pressures. He named former Fed governor Kevin Warsh and BlackRock executive Rick Rieder as strong chair prospects, signaling a preference for experienced technocrats. Observers will watch whether his Davos remarks translate into Senate support.