Kevin Hassett, White House National Economic Council director and chief economic adviser to President Trump, said on Fox News' Sunday Morning Futures that former Fed chair Powell should leave the Federal Reserve Board "now" to respect the Fed's independence. The remarks followed an internal report that found management failures in the Federal Reserve's Washington headquarters renovation.

2026-10-05

Kevin Hassett, White House National Economic Council director and chief economic adviser to President Trump, said on Fox News' Sunday Morning Futures that former Fed chair Powell should leave the Federal Reserve Board "now" to respect the Fed's independence. The remarks followed an internal report that found management failures in the Federal Reserve's Washington headquarters renovation.