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Trump Aide Hassett Says Powell Should 'Move On' From Fed Board
Original: Trump Aide Hassett Says Powell Should ‘Move On’ From Fed Board
Kevin Hassett, a senior adviser to President Trump, said Jerome Powell should 'move on' from the Federal Reserve's Board of Governors after his term as chair ends in May 2026. The remarks add to sustained pressure from the White House on the Fed's leadership and raise fresh questions about the central bank's independence, with markets and economists watching closely for signs of political interference in monetary policy.
Why now: The White House is openly pressuring Fed Chair Jerome Powell to leave the central bank entirely, fuelling debate over Fed independence.
Kevin HassettJerome PowellFederal ReserveDonald TrumpWhite House
Evidence
- Trump Aide Hassett Says Powell Should ‘Move On’ From Fed Board · Bloomberg.com
- Trump Aide Hassett Says Powell Should ‘Move On’ From Fed Board · Yahoo Finance
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