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Fed Chair Powell's finally fighting back

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.

AOL · 3h

Jerome Powell has more housing problems now, including the Fed's

The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.

USA TODAY on MSN · 18h

Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

1don 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, ...

Benzinga on MSN16m

Fed Launches Internal Review Of $2.5B Renovation As Trump Officials Slam Oversight, Spending

The Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...

7hon MSN

Inflation report to arrive as Trump, Fed disagree over tariff risks

National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...

1don MSN

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

1don 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 ...

Cryptopolitan on MSN3h

Fed’s Kevin Warsh does a full U-turn on rate cuts as he looks to take Powell’s job

In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...

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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