In a recent interview, designated US President Donald Trump stated that he will not replace Jerome Powell as the Federal Reserve Chair upon taking office. Trump expressed a desire for more influence over the Fed’s monetary policy but clarified that he does not intend to ask Powell to resign, regardless of their past disagreements over interest rates. Powell, appointed by Trump in 2018 and reappointed by President Joe Biden, has previously insisted he will not leave office early, citing legal constraints against such actions.