Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements
- Donald Trump criticized Jerome Powell, stating he is an 'average mentally person' and suggested he has found 'three or four' potential replacements for the Federal Reserve chair position.
- Trump has expressed that the Federal Reserve's interest rate policies are costing the federal government hundreds of billions in interest annually.
- Jerome Powell has expressed concern that tariffs could lead to inflation, emphasizing the importance of cautious policy changes to avoid harming the economy.
- Biden has retained Powell since his nomination by Trump in 2017, reaffirming Powell's position by renominating him for another term expiring in May 2026.
39 Articles
39 Articles
Trump calls Fed chief Jerome Powell 'terrible', signals possible replacement
US President Donald Trump called Fed Chair Jerome Powell “terrible” and suggested he may replace him, with several candidates reportedly under consideration, as tensions over interest rate policy escalate.
'Bulls-eye on that person's back': Trump's attempt to sabotage top official could backfire
Federal Reserve Chairman Jerome Powell and President Donald Trump have been at odds with each other since the start of his second term. But Trump's attempts to drive him out of his role may end up doing more harm than good.That's according to a Wednesday article in the Wall Street Journal, which reported that Trump is contemplating naming Powell's successor ahead of schedule (Powell's term ends in 2026 but he doesn't have to leave the Federal Re…
How Trump Could Replace Powell as Fed Chair Sooner Rather Than Later.
PULSE POINTSWHAT HAPPENED: President Donald J. Trump has announced he has three or four names in mind to replace Jerome Powell as Chairman of the Federal Reserve.WHO WAS INVOLVED: President Trump, Jerome Powell, Christopher Waller, Treasury Secretary Scott Bessent, Kevin Warsh, Kevin Hassett, and the U.S. Supreme Court.WHEN & WHERE: Trump revealed he had narrowed his search for the next Fed chairman during a press conference on Wednesday, June 2…
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