Donald Trump has again criticized Fed Chairman Jerome Powell, expressing dissatisfaction with his refusal to lower interest rates. Trump said he was already considering several candidates to replace Powell. Among the most discussed figures, analysts single out Kevin Warsh, a former member of the Fed's Board of Governors, Kevin Hassett, head of the National Economic Council, Christopher Waller, a member of the Board of Governors, and Scott Bessent, Treasury Secretary. Although the US president often hints at Powell's possible dismissal, he sometimes contradicts himself: for example, in June, Trump announced that he did not intend to remove him from office. Kevin Hassett, one of the potential candidates, declined to comment on the situation, stressing that the decision rests with the president. Experts believe that Trump's statements may be an attempt to influence monetary policy before Powell's term expires in 2026.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contact Us 
