White House economic adviser Hassett says President Trump has the power to fire Fed Chair Jerome Powell if there is reason.

The claim that White House economic adviser Kevin Hassett said President Trump has the power to fire Fed Chair Jerome Powell if there is reason is misleading. Hassett and other Trump administration officials have publicly discussed studying or exploring whether the president can remove Powell, reflecting political frustration rather than established legal authority.cnbc.comcnbc.comTrump will study whether to fire Fed Chair Powell, adviser saysreuters.comreuters.comTrump studying whether to fire Fed Chair Powell, adviser saysthehill.comthehill.comTop Trump economic adviser: White House is studying how to fire Jerome Powell

However, multiple credible sources clarify that under current law, the Federal Reserve Chair serves a fixed term and can only be removed by the president for cause, such as misconduct or neglect of duty, which is a high legal threshold.theguardian.comtheguardian.comTrump takes on the Fed – but he has little power over central bank, economists... Powell himself has stated that the president cannot remove him under the law.dailymail.co.ukdailymail.co.ukTrump makes statement on Jerome Powell's future as Fed Chair is slammed for... The Supreme Court has also signaled skepticism about broad presidential removal powers over independent agency heads like the Fed Chair.

While Trump has publicly called for Powell to resign and criticized his policies, these are political pressures rather than expressions of clear legal authority to fire him at will.cnbc.comcnbc.comTrump says he has 'no intention' of firing Fed Chair Powell Therefore, Hassett’s comments about studying the matter do not equate to an actual power held by the president to fire Powell without cause. The claim conflates political intent or discussion with established legal fact.