National Economic Council Director Kevin Hassett speaks next to President Donald Trump in the Oval Office in Washington on March 7, 2025. Leah Millis/File Photo/Reuters
President Donald Trump is looking at removing Federal Reserve Chair Jerome Powell from the post, Kevin Hassett, director of the National Economic Council, said in a July 13 interview with ABC News.
When asked whether the president had the authority to fire the Fed chair, Hassett replied: “That’s a thing that’s being looked into. But certainly, if there’s cause, he does.”
