Trump’s economic adviser indicates the White House is looking into the costs of renovating the Fed and whether it can dismiss Powell.
President Trump has the authority to dismiss Federal Reserve Chairman Jerome Powell for cause, provided there’s sufficient evidence, according to White House economic adviser Kevin Hassett. Hassett, who directs the National Economic Council, mentioned during an ABC “This Week” interview that whether Powell will be let go over a claimed $700 million cost overrun would […]