Trump wants Powell gone
NegativeU.S News

- President Trump publicly criticized Jerome Powell, the Chair of the Federal Reserve, expressing a desire to replace him due to dissatisfaction with interest rate management. Trump stated that external pressures are preventing him from making this change immediately, highlighting a significant rift between the administration and the Fed.
- This situation underscores the ongoing debate over monetary policy and the Federal Reserve's independence, as Trump's remarks suggest a push for more favorable economic conditions ahead of the upcoming elections.
- The White House is actively seeking candidates to succeed Powell, whose term is set to expire in May, indicating a proactive approach to leadership changes within the Federal Reserve. This development reflects broader concerns about economic stability and the potential impact of interest rate decisions on the upcoming electoral landscape.
— via World Pulse Now AI Editorial System







