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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.
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  • 61% of the sources are Center
61% Center
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Mediaite broke the news in United States on Wednesday, June 25, 2025.
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