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Powell May Depart After Fed Inspector General Report, Hassett Says

GateNews

2026-05-11 13:14:01

According to Hassett, director of the White House National Economic Council, Fed Chair Powell may choose to leave his position as a board member after the Federal Reserve’s inspector general completes its investigation into the renovation of the Fed building. Hassett stated that Powell could find an opportune moment to depart once the inspector general’s report is released and he is satisfied with the findings.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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