President Donald Trump escalated his criticism of Jerome Powell on Thursday, blaming the Federal Reserve chief's rate stance for higher U.S. debt costs. According to USA Today, Trump said higher interest payments were the result of "one numbskull,

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank’s stance on holding interest rates steady in recent months.

President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.

President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his signature agenda bill.

Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”