#TrumpVsPowell Despite these criticisms, Trump had previously indicated in a December 2024 NBC interview that he had no plans to replace Powell, whose term ends in May 2026. However, recent reports suggest that Trump is considering Kevin Warsh, a former Fed governor and economic advisor, as a potential successor. Warsh, known for his conservative monetary views, has met with Trump at Mar-a-Lago to discuss the possibility of taking over the Fed's leadership.