Trump Declares: "I'm Not Firing Fed Chair Powell!" Despite Mounting Frustration

Holy cow, folks! President Donald Trump dropped a bombshell today, saying he's not planning to boot Federal Reserve Chair Jerome Powell out the door, even though he's fuming about the snail's pace of those interest rate cuts!

At a wild White House event, Trump bellowed, "I'm not going to fire him," while scratching his head over why that'd be such a big deal. "The fake news is yapping, 'Oh, if you fired him, it'd be the end of the world.' I don't get why it'd be so bad."

Trump's been on Powell's case forever, calling him "Too Late" and blaming the current rate mess for jacking up federal borrowing costs. Buckle up, because Powell's term as Fed chair is set to hit the eject button in May 2026.

"We're out there scrambling for financing, and I might have to throw down," Trump warned, hinting he might twist some arms at the Fed if they don't start slashing those rates soon. But hold on, he's not totally against rate hikes if inflation goes wild, but right now, he's all about easing up.

Who's Gunning for the Next Fed Chair Gig?

Get ready for some juicy gossip—Trump spilled the beans that he might name his pick for the next Fed chair any day now, after teasing us earlier that an announcement was just around the corner.

Despite roasting Powell and calling him a "numbskull," Trump's still sticking by his guns, insisting, "I'm not going to fire him."

Oh, and don't forget, he's also sweating bullets over those skyrocketing oil prices, adding to the economic headache as he gears up for the final stretch of his re-election campaign.