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Posted: 2025-07-13 13:50:23 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-07-13 13:50:36 UTC
Verified By
Rollup News
White House economic adviser Hassett states that President Trump has the authority to dismiss Fed Chair Jerome Powell if justified.
Presidential power over the Federal Reserve Chair
Potential impact on the Federal Reserve's independence
Economic implications of such a decision
Potential market instability
Concerns about the Fed's independence
Political ramifications