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.

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.
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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.

Hassett says the United States is still working to move beyond the effects of spending during the Biden administration’s Covid era. President Donald Trump regularly defends his administration’s record by favorably contrasting it with the Biden era or blaming the former president.

White House official Kevin Hassett says the private sector is “the right place” to tackle threats from artificial intelligence. President Donald Trump’s AI-friendly administration argues that maintaining U.S. dominance over China in the rapidly expanding industry is essential.

White House National Economic Council Director Kevin Hassett played down concerns that President Donald Trump’s proposal to give every adult U.S. citizen a $5,000 check would worsen worries over historically high government borrowing.
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.

A disclosure shows that Trump economic adviser Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House’s top economic adviser.

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.
