Top Trump econ adviser says White House is studying ways to fire Powell
56 Articles
56 Articles
Trump's Top Economic Adviser Kevin Hassett Says White House Is Exploring Options To Fire Fed Chair Jerome Powell: 'The President And His Team Will Continue To Study'
On Friday, White House National Economic Council chair Kevin Hassett said the Donald Trump administration is exploring ways to remove Federal Reserve Chairman Jerome Powell. What Happened: Hassett told reporters at the White House that the “President and his team will continue to study,” whether it’s possible to fire Powell, reported The Hill. The legal framework surrounding Powell's position complicates any potential firing. According to a 90-y…

White House studying if Trump can fire US Federal Reserve chief Powell amid economic clash
WASHINGTON, April 19 — US President Donald Trump and his administration are studying whether dismissing independent Federal Reserve chief Jerome Powell is an option, his top White House economic aide said yesterday. “The president and his team will continue to study that matter,” National Economic Council director Kevin Hassett told reporters when asked if firing the central bank chief was a possibility, one day after Trump lashed out at him. Th…
Trump goes to war with the Fed
by Daniel AVISDonald Trump's simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting the head of the fiercely independent central bank.Trump has repeatedly said he wants rate cuts now to help stimulate economic growth as he rolls out his tariff plans, and has threatened to fire Fed Chair Jerome Powell if he does not comply, putting the bank and the White Hou…
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