BoE’s Governor Stands with Powell, Slams Trump’s Relentless Attacks

Central banking just got political—again. The Bank of England’s governor threw his weight behind Jerome Powell, defending the Fed chair against Trump’s latest barrage of criticism. Because nothing says 'stable monetary policy' like a public feud with a former president.

Powell vs. Trump: The Rematch

Trump’s attacks on Powell aren’t new, but the BoE’s vocal support adds fresh fuel to the fire. The governor’s backing signals a rare moment of central bank solidarity—or maybe just a shared frustration with political meddling in rate decisions.

Finance’s favorite circus continues: where egos clash, and markets watch. At least this time, the drama isn’t crashing crypto.

Trump narrows Fed search as Waller pushes policy break

Inside the WHITE House, the hunt for Powell’s replacement is well underway. Trump has said the list of candidates for Fed chair is down to three names. According to him, Treasury Secretary Scott Bessent, Vice President JD Vance, and Commerce Secretary Howard Lutnick are heading the search.

Among the candidates being looked at, Federal Reserve Governor Christopher Waller is gaining momentum. Bloomberg claims Waller, a Trump appointee, has impressed advisers with his ability to base policy on forecasts instead of only current economic data.

They also like that he understands how the Federal Reserve system works as a whole. He’s already spoken with Trump’s advisers but hasn’t yet met with the president himself.

Waller, who holds a Ph.D. in economics, recently drew even more attention by breaking from Powell and the rest of the Fed board when he voted for a 0.25-point cut, saying there were rising signs of weakness in the job market.

Just a few days after that meeting, a new jobs report showed that employment growth had dropped over the last three months, backing Waller’s concerns.

Still, Powell and others on the board have pushed for a patient approach. They want to see how Trump’s tariffs are affecting the economy before moving.

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