#TrumpVsPowell

In April 2025, tensions escalated between U.S. President Donald Trump and Federal Reserve Chairman Jerome Powell, as Trump expressed his dissatisfaction with Powell's policies, accusing him of being slow to cut interest rates, and stating that "ending his term cannot come quickly enough." Trump is considering the possibility of firing Powell before the end of his term in May 2026, although U.S. law prevents this without just cause, raising concerns about the independence of the central bank. CNN

In this context, the name Kevin Warsh, a former Federal Reserve board member, is being mentioned as a potential successor to Powell, as Warsh is known for his pro-central bank digital currency stance and criticism of excessive government spending. This conflict reflects the tension between the executive branch and the central bank, and it may have implications for financial markets and monetary policy in the United States.

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