Skip to main contentSkip to navigation Close dialogue1/1 Next image Previous image Toggle captionSkip to navigation Kevin Hassett walks into the West Wing of the White House earlier this month. Photograph: Jim Lo Scalzo/EPA View image in fullscreen Kevin Hassett walks into the West Wing of the White House earlier this month. Photograph: Jim Lo Scalzo/EPA Trump’s economic adviser expects there is ‘nothing to see’ as justice department investigates FedKevin Hassett, a top contender to replace Jerome Powell, suggests he believes Powell told truth about Fed renovation Donald Trump’s top economic adviser, Kevin Hassett, said he expected there was “nothing to see here” as the US Department of Justice pursues its criminal investigation of Jerome Powell, the Federal Reserve chair.The Trump administration has faced a chorus of criticism in recent days after it emerged that the justice department had served the Fed with grand jury subpoenas, in a significant escalation of its extraordinary attack on the US central bank’s independence.Allies of Trump spent months last year accusing the Fed of mishandling the multibillion-dollar renovations of its historic headquarters in Washington. Trump had repeatedly threatened legal action.The justice department is now investigating the project, and whether Powell – who accused the administration of targeting him because the Fed has defied Trump’s repeated demands for drastic interest rate cuts – lied to…
Published: January 16, 2026 3:53 pm
Source: The Guardian — Read original