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Hassett Urges Powell to Leave Fed Board
Original: Hassett Urges Powell to Exit Fed Board, Calling Extended Stay Unprecedented
Kevin Hassett called on Jerome Powell to step down from the Federal Reserve's Board of Governors, arguing that remaining after his term as chair would be unprecedented. Hassett said Powell's continued presence on the board would break with historical precedent. The remarks add to ongoing tension between the White House and the Fed over monetary policy and leadership.
Why now: Escalating public pressure on Fed Chair Jerome Powell to resign has become a focal point of debates over central bank independence.
Kevin HassettJerome PowellFederal Reserve
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- Hassett Urges Powell to Exit Fed Board, Calling Extended Stay Unprecedented · finance.biggo.com
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