PRESIDENT TRUMP INTERVIEW ON CNBC TODAY:

🔹 About Jerome Powell:

President Trump referred to Powell as "Too Late Jerome" / "Too Late Powell" multiple times, criticizing him for always reacting slowly to both interest rate hikes and cuts.

He believes Powell only acts quickly when cutting interest rates before an election, implying that Powell has political motives.

President Trump said Powell promised to keep interest rates low when appointed, and now he regrets the decision to appoint Jerome Powell.

He believes Powell is a disappointment, stating: “Always late. Always.”

🔹 About potential replacements:

President Trump mentioned he is considering 4 names to replace Powell at the helm of the Fed.

- He mentioned Kevin Warsh – praised as “very nice” and “very capable.”

- He also referred to another Kevin – possibly Kevin Hassett, though he did not specify.

- The name of Governor Christopher Waller was also brought up, but President Trump did not confirm clearly.

_ Regarding Treasury Secretary Scott Besant, President Trump said he does not want to be Chairman of the Fed and prefers to stay at the Treasury.

President Trump noted that “many people look good, but when appointed, they don’t do well,” expressing skepticism.

He affirmed that he will make a decision soon.

🔹 Other comments:

President Trump emphasized the achievements regarding trade agreements during his previous term, calling them “the greatest trade deals in the history of the United States.”