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Fed, White House and Jerome Powell

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 · 12h

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.

AOL · 13h

Contenders to succeed Powell slam Fed chair as White House pressure intensifies

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s headquarters, with one saying the Trump administration is examining whether it can fire the policymaker and the other saying the Fed has 'lost its way.

13hon 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, ...

16hon 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 ...

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 ...

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