Trump Criticizes Fed Chair: New Leadership on the Horizon
U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell during a dinner in Tokyo, suggesting there is a long list of potential replacements as Powell's term ends in May. Trump described Powell as incompetent and assured business leaders that a new appointee would be selected soon.
- Country:
- Japan
During a dinner event in Tokyo, U.S. President Donald Trump expressed dissatisfaction with Jerome Powell, the current Chairman of the Federal Reserve, calling him incompetent.
Trump's remarks suggested a strong possibility of a change in leadership as Powell's term approaches its end in May.
Ensuring the gathered business leaders of a new appointee, Trump mentioned a long list of potential successors to take over the role at the Federal Reserve.
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