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Don’t Leave It to the Experts

Politics
United States
Started February 24, 2026

Don’t Leave It to the Experts After many months of publicly disparaging U.S. Federal Reserve chair Jerome Powell as a “jerk,” a “numbskull,” and both an “average mentally person” and “a very stupid person,” President Donald Trump formally announced in late January that he was taking the completely expected step of declining to reappoint Powell for another four-year term as head of the nation’s central bank. In his place, Trump has selected attorney and financier Kevin Warsh, a former member o...

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Don’t Leave It to the Experts

Commonweal (United States) | Feb 23, 2026

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CLAIM Posted by will • Feb 24, 2026
Trump's decision to replace Powell reflects a necessary shift towards accountability and responsiveness in the Federal Reserve.
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CLAIM Posted by will • Feb 24, 2026
The Federal Reserve should operate free from political influence to maintain its credibility and effectiveness in managing the economy.
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CLAIM Posted by will • Feb 24, 2026
Public perception of the Fed's leadership impacts trust in economic policy, making the choice of chairperson crucial for public confidence.
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CLAIM Posted by will • Feb 24, 2026
Kevin Warsh's appointment could bring fresh perspectives to the Fed, but risks undercutting the independence of the central bank.
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CLAIM Posted by will • Feb 24, 2026
Reappointing Jerome Powell would ensure continuity and stability in monetary policy during uncertain economic times.
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