The Economic Advisor of the White House, Kevin Hassett, said Friday that President Trump and his team are investigating whether it is feasible to shoot President of the Jerome Powell Federal Reserve.
“The president and his team will continue studying that matter,” Hasters told the White House journalists in response to a question.
Hassett’s exchange with the press came a day after Trump Increased a long fight With the Fed chair, accusing Powell of “playing politics” by not reducing interest rates and affirming that he had the power to evict Powell from his “very fast” work.
Hassettt seemed to distance himself from his 2021 book, “The Drift: Dering of the United States fall to socialism”, in which he argued that fire Powell during the first Trump term would have harmed the reputation of the Fed as an objective administrator and independent of the nation’s money supply and could have compromised the credibility of the dollar and the blockade of the market of the stock market.
“I think at that time, the market was a completely different place. And, you know, I referred to the legal analysis we had at that time. And if there is a new legal analysis that says it is something different, then we needed Savidse,” Hassett. “
It was not immediately what the new legal analysis was referring, but a case on whether Trump exceeded his authority by dismiss tensely powerful.
Powell has said that the law would not allow its removal, that I wouldn’t leave if Trump asked for itand that intends to serve through End of your mandate in May 2026. Powell also said this week that he does not believe that the current case in appeal in the Superior Court of the United States applies to the Fed.
