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PRESIDENT TRUMP INTERVIEWED ON CNBC TODAY:

🔹 About Jerome Powell:

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

He believes that Powell only acts quickly to cut interest rates before elections, 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 that Powell is a disappointment, saying: "Always late. Always has been."

🔹 About the alternative candidates:

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

- He mentioned Kevin Warsh - praised as "very kind" and "very good".

- He also mentioned another Kevin - possibly Kevin Hassett, although he did not specify.

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

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

President Trump noted that "many people look good, but when appointed, they do not perform well," expressing skepticism.

He affirmed that he will soon make a decision.

🔹 Other comments:

President Trump emphasized the achievements of trade agreements during his previous term, calling them "the greatest trade deals in the history of the United States."
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ETH2.37%
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