White House adviser: Whether Trump fires Powell or not, the Feds answer to the headquarters renovation is the key

By: odaily.com|2025/07/13 22:21:37

Odaily News White House economic adviser Hassett said on Sunday that U.S. President Trump has the power to fire Federal Reserve Chairman Powell if there is evidence to support it, adding that the Fed bears a lot of responsibility for the cost overruns of its Washington headquarters renovations. Hassett said any decision by Trump to try to fire Powell would depend largely on the Feds response to the headquarters renovation. White House budget director Watt last week slammed Powell for lying about the renovation of the Fed building. Trump has repeatedly said that Powell should resign because he did not lower interest rates. (Jinshi)

Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

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How to exit after asset tokenization?

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Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

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