Hassett says White House probing Fed renovation costs, authority to fire Powell

  • Posted on July 13, 2025
  • By Bing News
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Hassett says White House probing Fed renovation costs, authority to fire Powell

By David Lawder WASHINGTON (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. Hassett told ABC's "This Week" program that any decision by Trump to try
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