Fed’s Powell Faces New Line of White House Scrutiny
Bloomberg Television·2025-07-14 10:20
Over the weekend. The other development was more pressure, it would seem, on Fed Chair Powell. The NSC director, Kevin Hassett, spoke to ABC over the weekend on this point and whether the White House would explore firing Jay Powell.Here's what he had to say. Yes or no answer. Does the president, in your view, have the authority to fire the Fed chair.That's a thing that's being looked at, too. But certainly if there's clause, Tyler, they're looking at it. What kind of pressure is the Fed chair under right no ...