Trump Brands Fed Chair Powell ‘Knucklehead’ but Says Firing Unlikely

Former U.S. President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on 16 July, describing him as a “knucklehead” who is “doing a terrible job.” Trump added that Powell’s board “isn’t doing its job,” underscoring his dissatisfaction with the central bank’s leadership. Despite the harsh language, Trump signaled he is unlikely to dismiss Powell, suggesting that any change at the top of the Federal Reserve is not imminent.