Navarro: Powell Remaining at Federal Reserve After His Term Ends Absolutely Harmful

SighingCashier · 2026-03-25T14:50:10+00:00

US White House trade advisor Navarro criticized Federal Reserve Chairman Powell's plan to remain in position after his term ends, saying it would be harmful to the current chairman's leadership. He expressed that Powell's stance on tariffs causing inflation is difficult to understand. Powell's term will end in May, and Trump has nominated Waller to succeed him.

SighingCashier

2026-03-25 14:50:10

Abstract generation in progress

U.S. White House trade advisor Peter Navarro told Politico that Jerome Powell plans to stay at the Federal Reserve after his term as Chair ends, which is “absolutely harmful.”

He added, “You wouldn’t want a former Fed Chair influencing the current Chair’s leadership.” Navarro also said that Powell’s attitude toward tariffs causing inflation is something he doesn’t understand.

Powell’s term will end in May, and President Trump has already appointed former Fed Governor Kevin Warsh as Powell’s successor. Powell previously stated that the investigation into him is not complete, and he will not leave the Fed until Warsh is confirmed, serving as “acting Chair” in the meantime.

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