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Real-time News
July 13, White House economic adviser Hassett said on Sunday that US President Trump has the power to fire Federal Reserve Chairman Powell if there is evidence to support it, adding that the Fed "bears a lot of responsibility" for the over-budget renovation of its Washington headquarters. Hassett said any decision by Trump to try to fire Powell would depend largely on the Feds answer to the headquarters renovation issue. White House Budget Office Director Watt last week slammed Powell for "lying" about the renovation of the Federal Reserve building. Trump has repeatedly said that Powell should resign because he did not lower interest rates.International Atomic Energy Agency: Starting at 10 p.m. local time, large numbers of artillery shells were fired repeatedly for about an hour, which is unusual.White House economic adviser Hassett said Trump has the authority to take action if there is reason to fire Powell.White House economic adviser Hassett said the Federal Reserve has a lot of explaining to do regarding renovation cost overruns.July 13, NATO said in a press release that NATO Secretary General Rutte will visit Washington, D.C. on Monday, July 14 and Tuesday, July 15, where he will meet with U.S. President Trump, U.S. Secretary of State Rubio and Defense Secretary Hegseth. The press release did not immediately specify the reason for Ruttes visit to the United States, but Trump recently said that the United States is willing to provide weapons to Ukraine through NATO and that he will make a "big announcement" on Monday. So far, the Trump administration has only shipped weapons to Ukraine authorized by former President Biden, a staunch supporter of Kiev.
