Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Trump on Powell: We Have to Fight This Guy
Posted
June 27, 2025
Views
1,548
Likes
20
Comments
17
Engagement
2.39%
June 27, 2025
1,548
20
17
2.39%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:48Now PlayingPresident Donald Trump criticizes Federal Reserve Chair Jerome Powell for not cutting interest rates. He speaks during the "One Big, Beautiful Event" at the White House. Earlier in the day, The White House said Donald Trump’s decision on a successor for Federal Reserve Chair Jerome Powell is not near, after the Wall Street Journal reported the president could make a pick as soon as the summer.
The White House said Donald Trump’s decision on a successor for Federal Reserve Chair Jerome Powell is not near, after the Wall Street Journal reported the president could make a pick as soon as the summer.
No decisions are imminent, although the president has the right to change his mind, a White House official said on Thursday. Trump has many good options to nominate as the next central bank chief, according to the official.
The dollar fell and US Treasuries rallied after the paper reported that Trump has considered naming Powell’s replacement by September or October, citing anonymous sources. One unnamed person said Trump’s ire toward Powell could prompt an even earlier choice this summer.
Powell’s term as chair does not expire until May 2026, and choosing a replacement that early would be unusual.
Trump has repeatedly bashed the Fed chair over the bank’s position to hold interest rates steady, calling for cuts and arguing its policy is keeping US government borrowing costs high.
Trump said Wednesday that he has “three or four people” on his list of potential replacements for Powell. Earlier this month, the president said he was considering nominees and that they would come out “very soon.”
Recently, the president has intensified his personal criticisms of Powell. During a Wednesday press conference at the NATO summit, Trump called the bank chief “terrible” and an “average mentally person” with “low IQ.”
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
