✉news BusinessBanking first seen 6 h ago, last 1 h ago, peak #11
Trump adviser Hassett urges Powell to leave Fed board
Original: Trump adviser Hassett calls on Powell to leave Fed board after renovation report
Kevin Hassett, a top economic adviser to President Trump, has called on Federal Reserve Chair Jerome Powell to step down from the Fed's board of governors, citing a report into the central bank's headquarters renovation. The demand escalates the White House's pressure campaign on Powell, whose term as chair ends in 2026 and whom Trump has repeatedly criticized over interest rate policy.
Why now: Trump administration officials are ramping up public pressure on Powell over the Fed renovation report and interest rate policy.
Kevin HassettJerome PowellFederal ReserveDonald Trump
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