HASSETT TELLS POWELL TO LEAVE FED BOARD

White House economic adviser Kevin Hassett said it is "time" for Jerome Powell to leave the Federal Reserve's board, days after an internal inspector general report found the Fed's $2.4 billion headquarters renovation nearly doubled its original budget. The watchdog found no criminal wrongdoing, citing only management deficiencies. President Trump went further, saying Powell "should be forced to resign." The renewed assault on Fed independence comes as gold ($GLD) draws bids as the preferred hedge.