EconomyPowell in the hot seat as Hassett calls for his resignation
National Economic Council Director Kevin Hassett called for Jerome Powell to step down from the Federal Reserve Board of Governors while discussing inflation and other issues.

Director of the National Economic Council
Director of the National Economic Council (2025–)
| Born | 1962-03-20 · Greenfield, Massachusetts |
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| Party | Republican |
| Offices |
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| Education | Swarthmore College (BA) University of Pennsylvania (MA, PhD) |
Portrait: Executive Office of the President of the United States · Public domain · Wikimedia Commons
What this person said on the record, as reported, newest first.

White House National Economic Council Director Kevin Hassett says the September US jobs report was in line with expectations and forecasts strong holiday consumer spending. He also says Jerome Powell must decide whether to remain on the Federal Reserve Board of Governors.
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Bloomberg Television

White House National Economic Council Director Kevin Hassett responds to the August US employment report and says the Trump administration respects the Federal Reserve’s independence.
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Bloomberg Television

White House National Economic Council Director Kevin Hassett says the breakeven hiring rate in the July jobs report is a key focus for him. He says President Donald Trump speaks with Federal Reserve Chair Kevin Warsh about the economy frequently, while respecting the central bank’s independence. Hassett also discusses the war in Iran, energy prices and government debt during an appearance on Bloomberg Open Interest.
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Bloomberg Television
Reports that mention this person, by story.
National Economic Council Director Kevin Hassett called for Jerome Powell to step down from the Federal Reserve Board of Governors while discussing inflation and other issues.

President Donald Trump’s chief economic adviser, Kevin Hassett, urged former Federal Reserve Chair Jerome Powell to leave the central bank’s board. The call followed an internal report that cited management failures in the renovation of its headquarters.
National Economic Council Director Kevin Hassett says it is unusual that Jerome Powell remains a member of the Federal Reserve Board of Governors after being replaced as chair. Asked whether Powell should leave, Hassett says the decision belongs to Powell.

White House National Economic Council Director Kevin Hassett says the September US jobs report was in line with expectations and forecasts strong holiday consumer spending. He also says Jerome Powell must decide whether to remain on the Federal Reserve Board of Governors.

National Economic Council Director Kevin Hassett says U.S. inflation has been “clearly decelerating” over the past three months. He discusses respecting Federal Reserve independence on interest rates, the potential route to Donald Trump’s proposed $5,000 payment if Republicans retain both chambers in the midterms, and his personal experience on September 11, 2001.

White House National Economic Council Director Kevin Hassett responds to the August US employment report and says the Trump administration respects the Federal Reserve’s independence.

President Donald Trump and Federal Reserve Chairman Kevin Warsh frequently discuss the economy, National Economic Council Director Kevin Hassett says. Hassett characterizes their conversations as happening “all the time.” His remarks center on the regular economic discussions between Trump and Warsh. No policy decision or additional economic measure is identified in the statement.
White House National Economic Council Director Kevin Hassett says the breakeven hiring rate in the July jobs report is a key focus for him. He says President Donald Trump speaks with Federal Reserve Chair Kevin Warsh about the economy frequently, while respecting the central bank’s independence. Hassett also discusses the war in Iran, energy prices and government debt during an appearance on Bloomberg Open Interest.
