Fed Chair Powell's finally fighting back
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Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, a position with significant influence over interest rates and the U.S. econ
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Benzinga on MSNFed Launches Internal Review Of $2.5B Renovation As Trump Officials Slam Oversight, SpendingThe Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following sharp criticism from the Trump administration. According to CNBC, Fed Chair Jerome Powell requested the review amid accusations of “fiscal mismanagement” and cost overruns tied to renovations.
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Cryptopolitan on MSNKevin Warsh wants Trump to know about his rate cuts U-turn in hunt for Fed jobKevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with steep tariffs.
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
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National Economic Council Director Kevin Hassett joins ‘Squawk Box’ to discuss President Trump's recent tariff announcement on Europe and Mexico, his views on the work of Fed Chair Jerome Powell, and more.
One is rising to the top of the list of potential candidates, while the other is facing skepticism from President Trump’s allies.Kevin Hassett, one of Trump’s closest economic advisers, is emerging as a serious contender to be the next Fed chair,