Trump says ‘anyone who disagrees’ with him will never head Federal Reserve

US president is reviewing candidates to replace outgoing Federal Reserve chief Jerome Powell, who disagreed with Trump on interest rate cuts.Published On 24 Dec 2025United States President Donald Trump has said that he expects the next chairman of the US Federal Reserve to keep interest rates low and never “disagree” with him.Trump made his remarks on Tuesday as interviewing was under way for candidates to replace outgoing Federal Reserve chief Jerome Powell.Recommended Stories list of 4 itemslist 1 of 4Russia-Ukraine war: List of key events, day 1,399list 2 of 4Syria-Russia ties entering ‘new stage’ as foreign ministers meet in Moscowlist 3 of 4Russian forces seize embattled Siversk town as Ukrainian troops withdrawlist 4 of 4US bars five Europeans over alleged efforts to ‘censor American viewpoints’end of list“I want my new Fed Chairman to lower Interest Rates if the Market is doing well, not destroy the Market for no reason whatsoever,” Trump wrote in a lengthy post on his Truth Social platform.“The United States should be rewarded for SUCCESS, not brought down by it. Anybody that disagrees with me will never be the Fed Chairman!”Since returning to office in February, Trump has constantly pressured the Federal Reserve – the central bank of the US – to cut interest rates in a bid to boost economic growth across the US economy.Trump also threatened to dismiss Fed chief Powell for not following his directive on cutting interest rates, calling him a “numbskull” and “major loser” in public. The president’s comments about Powell’s replacement have stoked fears about the future independence of the Fed from political interference – a longstanding convention in the US.The Fed has already cut its benchmark interest rate three times this year, landing at 3.5 to 3.75 percent in mid-December. But Trump has previously suggested it should be as low as 1 percent.Lower interest rates make it cheaper to borrow money and encourage spending, but moving too quickly to cut rates or cutting them too sharply raises the risk of inflation.