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Hassett on Trump firing Powell: 'A highly uncertain legal matter'

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July 17, 2025

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President Donald Trump said he would consider National Economic Council Director Kevin Hassett to replace Jerome Powell as chair of the Federal Reserve. Hassett said he believes the Fed should remain independent but wouldn’t comment on if he would take the job if it was offered to him.

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Hassett on Trump firing Powell: 'A highly uncertain legal matter' · NBC News · Sentinel