Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Trump demands Fed Chair Powell’s firing, vows to pick a successor in January.

flag President Donald Trump reiterated his desire to fire Federal Reserve Chairman Jerome Powell, citing alleged "gross incompetence" on a renovation project and criticizing his monetary policy, but did not specify a preferred successor. flag Despite previous conflicting signals about the selection process, Trump has stated that he will announce his choice for the next Federal Reserve Chair in January. flag He has long advocated for more aggressive interest rate cuts to reduce mortgage costs, despite the fact that the Fed has already cut rates three times and plans only one more in 2026. flag Powell's chairmanship ends in May 2026, but his full term on the Fed board extends until 2028. flag Kevin Hassett, Kevin Warsh, Christopher Waller, Michelle Bowman, and Rick Rieder are some of the potential candidates.

8 Articles