Fed Chairman Jerome Powell Faces Trump Criticism, Supported by Benzinga Poll; Kevin Warsh Considered as Replacement

Federal Reserve Chairman Jerome Powell has responded to criticism from President Donald Trump regarding his interest rate policies. Despite Trump's calls for rate cuts and pressure for Powell to resign, a recent Benzinga poll indicates that most respondents support Powell remaining in his role. Powell has been credited with reducing inflation and maintaining a solid job market, while adopting a cautious 'wait-and-see' approach to monetary policy. Speculation about Powell's potential replacement includes names such as Kevin Warsh, who is known for his hawkish stance and support for tighter monetary policy. Trump has continued to criticize Powell for delaying interest rate cuts, fueling ongoing debate about the future leadership of the Federal Reserve.