Fed Chair Change Imminent as Trump Tariffs Create Economic Strain

The Trump administration is gearing up for significant economic shifts, with its proposed tariffs said to be setting the stage for a potential overhaul of the Federal Reserve’s (Fed) leadership. Like Gary Gensler’s ouster at the SEC (Securities and Exchange Commission), reports indicate that Fed chair Jerome Powell may face a similar fate with discussions starting long before his term ends. Jerome Powell’s Exit Planned As Trump Tariffs Spell Economic Hardship Treasury Secretary Scott Bessent announced the Trump administration’s plans to interview candidates to replace Fed Chair Jerome Powell. Notably, Powell’s term as Fed chair ends in May 2026, over a year out source: https://beincrypto.com/trump-tariffs-jerome-powell-replacement-fed-chair/