- Trump pressured the central bank regarding interest rates while media reports detailed the civil investigation into his conduct.
- The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.
Donald Trump is considering candidates to replace Jerome Powell, with BlackRock and David Zervos being mentioned as potential choices for the Fed Chair.
1 report, 1 independent
Updated Aug 14
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What happened
Donald Trump is considering candidates to replace Jerome Powell, with BlackRock and David Zervos being mentioned as potential choices for the Fed Chair.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.Also in this story
- Warsh, the new Fed Chair, diverges from the predictable guidance previously provided by Jerome Powell.
- Peter Navarro, Trump's top trade adviser, compared Warsh to Powell's predecessor.
- Jerome Powell delivered testimonies to the Senate on May 20, 2026.
- Federal Reserve policy is being influenced by former officials and presidential expectations.
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Jerome Powell
president of the FED
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BlackRock
American multinational investment management corporation
Related events
- The article discusses the Federal Reserve, Jerome Powell's role as Chair, and market caution ahead of rate decisions, specifically mentioning Oxford Industries and Monster Beverage.
- The Federal Reserve's structure was outlined, noting Powell as Chair, Waller as a Board Director, and the FED seeking support from Congress.
Coverage
Newest first; wire copies grouped- TipRanksTrump Trade: Trump considering 11 candidates for Fed Chair Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of Pre