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Trump floats several replacements for Jerome Powell after Fed Chair draws his ire![]() President Donald Trump revealed he's already vetting candidates to replace Federal Reserve Chairman Jerome Powell, while once again blasting the central banker and calling him 'stupid' for failing to bring down a key interest rate. 'I think he's terrible,' Trump interjected when a reporter asked him during his press conference at The Hague for NATO meetings whether he was considering replacements for the Fed chair. Trump disclosed that he was – after speaking openly about getting rid of Powell, despite uncertainty over whether he has the authority to fire the head of the independent Fed. 'I know within three or four people who are going to pick. I mean, he goes out pretty soon, fortunately, because I think he's terrible,' Trump said – indicating resignation to Powell serving out his term. Powell's term ends in May 2026. Trump renominated the Princeton grad and Georgetown-trained lawyer in 2017. But as he seeks votes for his 'big, beautiful bill' amid estimates it would tack $3 trilion onto the nation's accumulated debt, Trump has been venting about interest rates and the vast sums the nation must pay to service that debt. 'We have no inflation,' Trump said, amid low inflation of more than 2 percent. 'We have a tremendous economy. Hundreds of billions of dollars of tariff money
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