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Trump Critiques Powell, Plans New Fed Chair Announcement

1/21/2026

37 2 Full Breakdown

Center

Trump Considers Fed Chair

U.S. President Donald Trump says he interviewed candidates for Federal Reserve chair, criticizing Federal Reserve Chair Jerome Powell for slow rate cuts.
He plans to announce a new chair soon, with Kevin Hassett and Christopher Waller among the candidates.
The Fed is expected to keep its policy rate at 3.50% to 3.75% through this quarter, with later cuts.
Concerns about political interference rise due to a DOJ investigation of Powell.

Left

Trump's Fed Challenge

The Justice Department subpoenaed Jerome Powell, the Federal Reserve chairman.
The move could complicate U.S. President Donald Trump’s efforts to replace the Federal Reserve chairman, creating uncertainty about the leadership transition.
Critics say the subpoena could backfire, reinforcing Powell's position rather than undermining him.
The episode raises concerns about political interference in the Fed's independence.

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Trump Considers Fed Chair

U.S. President Donald Trump says he interviewed candidates for Federal Reserve chair, criticizing Federal Reserve Chair Jerome Powell for slow rate cuts.
He plans to announce a new chair soon, with Kevin Hassett and Christopher Waller among the candidates.
The Fed is expected to keep its policy rate at 3.50% to 3.75% through this quarter, with later cuts.
Concerns about political interference rise due to a DOJ investigation of Powell.

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