US Edition
Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements
- President Donald Trump called Federal Reserve Chair Jerome Powell 'terrible' and confirmed he has 'three or four' candidates for Powell's replacement when his term ends in May 2026.
- Trump criticized Powell for not cutting interest rates and stated that keeping them high costs the government more money.
- Currently, the Federal Reserve's interest rates are between 4.25% and 4.5%, and they decided to keep them unchanged recently, reflecting concerns over inflation and economic policies.
- Jerome Powell testified that the economy is 'solid' but expects inflation to rise due to tariffs, despite Trump pushing for rate cuts.
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"Dumm", "terrible", "incompetent" - US President Trump overlays head of the bank Powell with insults. Will he soon announce a successor to him for the head of the Federal Reserve? By Angela Göpfert.
·Hamburg, Germany
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Donald Trump claims he already has several candidates who could replace Jerome Powell as head of the Federal Reserve
Coverage Details
Total News Sources87
Leaning Left11Leaning Right13Center24Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 23%
C 50%
R 27%
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