Fed, Trump and Jerome Powell
Digest more
President Donald Trump hosted Bahrain’s Crown Prince Salman bin Hamad Al Khalifa at the White House on Wednesday, but attention quickly shifted to Federal Reserve Chair Jerome Powell amid speculation that the president might fire him.
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.
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
Explore more