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Fed, Jerome Powell and Hassett

Hassett says White House probing Fed renovation costs, authority to fire Powell

WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday and that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

Bisnow · 15h

White House Increases Attacks On Powell Over Fed’s $2.5B Office Renovation

Kevin Hassett, an economic adviser to President Donald Trump, said that the Federal Reserve chairman had "a lot to answer for" about a pricey office renovation.

Axios on MSN · 1d

Trump could potentially fire Fed's Powell over building renovations, Hassett says

President Trump could possibly fire Federal Reserve chair Jerome Powell over questions about the renovation of Fed facilities, National Economic Council director Kevin Hassett said Sunday. Why it matters: The administration's relentless efforts to get Powell to either cut interest rates or leave have called the future independence of the central bank into question.

16hon MSN

Trump economic adviser Kevin Hassett is rising in race for next Fed chief

Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...

19hon MSN

National Economic Council Director Hassett: The Fed has been 'very, very wrong' on the tariff issue

National Economic Council Director Kevin Hassett joins ‘Squawk Box’ to discuss President Trump's recent tariff announcement on Europe and Mexico, his views on the work of Fed Chair Jerome Powell, and ...

1don MSN

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

6don MSN

Two Kevins Battle to Be Next Fed Chair in Trump’s ‘Apprentice’-Style Contest

One is rising to the top of the list of potential candidates, while the other is facing skepticism from President Trump’s ...

InsuranceNewsNet3h

Trump economics adviser rises to top of the race for next chief of the Fed

Kevin Hassett, the White House's top economic adviser, is emerging as a leading contender to become the next chair of the Federal Reserve, according to people who have discussed the matter with White ...

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