Trump considers 'three or four' successors to 'stupid' Powell
Wednesday, 25 June 2025 Donald Trump has revived his criticism of the head of the US central bank, describing Jay Powell as "terrible" and "stupid", adding that there were up to four candidates to succeed him.
Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Waller—whom Trump praised as “very good.” With Powell’s term ending in 2026, Trump is considering naming a “shadow chair” to counteract his policies and align the Fed with his low-rate agenda.
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Watch Fed Chair Jerome Powell react to US President Donald Trump
The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fed’s office building renovation in Washington on Thursday.
READ MORE : http://www.euronews.com/2025/07/25/watch-fed-chair-jerome-powell-react-to-us-president-donald-trump
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Credit: euronews (in English) Duration: 02:55Published
Donald Trump launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him “Too Late” and blaming him for crippling interest rates. In a fiery speech, Trump accused Powell of political bias, economic mismanagement, and wasting billions on federal buildings. Trump claimed high rates are hurting homebuyers and vowed Powell would be “out soon.” He also demanded an internal Fed investigation and slammed Powell’s $2.7 billion building plan, calling it “mission creep.” The clash signals rising tensions over U.S. monetary policy.
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Wednesday, 25 June 2025
Donald Trump has revived his criticism of the head of the US central bank, describing Jay Powell as "terrible" and "stupid", adding that there were up to four candidates to succeed him.
![Trump SNUBS Scott Bessent For Fed Chair |‘Shadow Chair’ Plan Fuels Speculation About Powell Exit [Video]](https://video.newsserve.net/300/v/20250806/1418728112-Trump-SNUBS-Scott-Bessent-For-Fed-Chair.jpg)
![Watch Fed Chair Jerome Powell react to US President Donald Trump [Video]](https://video.newsserve.net/300/v/20250725/1417579278-Watch-Fed-Chair-Jerome-Powell-react-to-US.jpg)
![Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates [Video]](https://video.newsserve.net/300/v/20250722/1417316890-Trump-BLASTS-Fed-Chair-Jerome-Powell-He.jpg)
