Trump Economic Advisor Hassett Criticizes Powell for Remaining at Federal Reserve

According to Kevin Hassett, White House National Economic Council Director, Federal Reserve Chair Jerome Powell's continued tenure at the central bank is highly irregular. "Jay Powell did not step down, and the situation where a former chair remains in place is extremely unusual and abnormal," Hassett said, suggesting Powell's departure would align with the Trump administration's ability to nominate other officials to the board.
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