"Trump is considering Kevin Warsh to replace Jerome Powell as Chair of the Federal Reserve, criticizing Powell while asserting authority to remove him."
"Warsh, a former Fed governor, advised against prematurely firing Powell, emphasizing the importance of stability in the central bank's leadership during economic uncertainty."
President Donald Trump is looking to shake up the Federal Reserve, considering Kevin Warsh as a possible replacement for Jerome Powell. Trump has publicly criticized Powellâs performance and is contemplating removing him before his term ends in May 2026. Warsh, a former Fed governor, has previously advised against such a move, emphasizing the importance of maintaining stability within the Federal Reserve. Trumpâs dissatisfaction with Powell is evident, as he openly expressed intentions to remove him if needed, raising concerns about the future of central bank leadership amid ongoing economic challenges.
Read at Business Insider
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