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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Amazon S3 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.
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with steep tariffs.
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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.
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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.
Two Republicans named Kevin—Kevin Hassett, one of President Trump’s closest economic advisers and Kevin Warsh, a former Federal Reserve governor—are vying to be the next leader of the central bank. Th