Paola Tama

Brussels-based correspondent for the Financial Times covering EU policy, who explains the commission's proposal to use frozen Russian assets to fund Ukraine.

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Dec 4, 2025 • 11min

Wall Street frets over Hassett as potential Fed chair

Kate Duguid, U.S. markets editor at the Financial Times, shares insights on the bond market's apprehensions regarding Kevin Hassett's candidacy for Fed chair, citing fears of dovish policies that could lead to inflation. Paola Tama, Brussels-based correspondent, discusses the EU's innovative proposal to use €210bn of frozen Russian assets to support Ukraine's recovery, navigating legal complexities and potential political hurdles. She highlights the need for consensus amid looming oppositions from member states like Hungary and Slovakia.

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