Trump Seeks Fed Chair With Tariff Support, Kevin Warsh Emerges as Front-Runner

Former President Donald Trump has expressed his dissatisfaction with the current Federal Reserve (Fed) chair, Jerome Powell, and aims to replace him. Notably, he desires a chairman who will prioritize his economic agenda, particularly supporting tariffs. Based on this need, economists and experts are speculating about potential replacements for Powell. 50/50 odds suggest that Trump could fire Powell before the end of his term but has not made any concrete move as of yet. The Fed’s next chair selection is expected to be heavily influenced by Trump’s demands for a chairman who will follow his lead on economic policy, particularly in regards to trade policies.