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Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell
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.
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
A busy week ahead for investors will see inflation data, the debate about the Fed's next move, and the start of second ...
Powell himself has said he’d be open to lowering rates if this summer’s inflation data comes in softer than expected. (The next reading of the Consumer Price Index will be on Tuesday).
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank would likely have already cut interest rates this year ...
There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market pros told BI.
The White House has stepped up its attacks on Federal Reserve Chair Jerome Powell, criticizing him over renovations at the ...
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Here’s what investing pros said about Fed Chair Jerome Powell’s performance while heading up the Federal Reserve.
President Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White ...
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