Rate cut war: Donald Trump narrows choice for next US Fed chair to ‘three or four people’; calls Jerome Powell ‘terrible’
President Trump has intensified speculation about Federal Reserve leadership, calling Chair Jerome Powell "terrible" and indicating he's considering replacements. He mentioned a shortlist of three or four candidates, including Kevin Warsh and Christopher Waller. Trump's repeated criticism of Powell's interest rate policies suggests a desire for greater influence over the central bank, despite warnings about potential inflation from tariffs.
President Trump has intensified speculation about Federal Reserve leadership, calling Chair Jerome Powell "terrible" and indicating he's considering replacements. He mentioned a shortlist of three or four candidates, including Kevin Warsh and Christopher Waller. Trump's repeated criticism of Powell's interest rate policies suggests a desire for greater influence over the central bank, despite warnings about potential inflation from tariffs.
