Trump will likely work with Jerome Powell until Powell's term ends in May 2026, avoiding a legal battle, and then appoint a new Federal Reserve Chair aligned with his monetary policy preferences if Powell's views are not aligned.
"given that my guess is that I think Trump will do what he can to work with poell and influence fed policy but since the FED is lowering rates and Powell's term ends in 2026 anyway I think that Trump will probably wait out pal to avoid a potentially volatile situation and a legal battle with an unclear outcome and just appoint a chair that is aligned with his monetary policy preferences in 2026 if pal isn't aligned with what Trump wants"
