Donald Trump has intensified pressure on Jerome Powell, the current Federal Reserve chair, calling for a full percentage point interest rate cut and a new leader with a clear vision. Trump argues that Powell’s inaction is hindering economic growth while other central banks like the European Central Bank are taking decisive action. His dissatisfaction stems from a strong May jobs report that he doesn’t believe reflects the true need for aggressive policy changes. This renewed pressure comes as Trump seeks to replace Powell with Kevin Warsh, a former FED Governor who holds significant influence within the policy world. Warsh’s potential appointment and its implications for Fed independence are at the forefront of this political battle.