Trump Angered with Fed Chair: "I Have Interviewed Someone to Replace Him"

President Trump, who had previously called Powell a suckers, reiterated this language and once again targeted Powell. Trump sharply criticized Powell’s interest rate policy, while asserting that the economy is in good shape and that cutting down the whales is necessary. At this time, Trump emphasized that there needs to be cutting down the whales on interest rates to stimulate the economy, while Powell continues to insist on keeping interest rates unchanged due to concerns about inflation and instability caused by tariffs. Powell has become a target of Trump with this attitude, and Trump called Powell a sucker in his speech today. “I think Fed Chairman Jerome Powell is a very big sucker. He has a low IQ compared to the job he does.” I really think he is a very n.suckers person. We will have to pay for him for many years! […] We will have to pay an additional 2 points or 3 points for the debt! 3 points means 900 billion dollars a year! He has a low IQ compared to what he does. Because he doesn’t want to just lower interest rates instead of paying 900 billion dollars! Donald Trump also announced that he has a candidate to replace the Fed Chair. At this time, Trump stated that he is considering a replacement candidate for the Fed chairman and has even started interviewing candidates. He added that he has interviewed three or four people for the next Fed chairman position.