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Trump adviser Hassett urges Powell to quit Fed board

Original: Trump adviser Hassett urges Powell to leave Fed board after renovation report

Kevin Hassett, a senior adviser to Donald Trump, has called on Federal Reserve Chair Jerome Powell to resign from the Fed's board of governors following a report into the costly renovation of the Fed's headquarters. The demand escalates Trump's ongoing pressure campaign against Powell over interest rate policy, with the renovation spending controversy providing fresh ammunition for critics of the Fed chair.

Why now: Renewed public pressure on Fed Chair Powell from a Trump adviser amid disputes over rate policy and the Fed building renovation costs.

Kevin HassettJerome PowellDonald TrumpFederal Reserve

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Evidence

• Trump adviser Hassett urges Powell to leave Fed board after renovation report · au.finance.yahoo.com
• Trump adviser Hassett urges Powell to leave Fed board after renovation report · Investing.com

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