Trump Considers Jamie Dimon for Treasury, Signals Support for Fed's Powell

Former President Trump, who has frequently criticized Federal Reserve Chair Jerome Powell, now suggests he would let Powell serve out his term, especially if he believes Powell is making the right decisions. Trump warns against interest rate cuts before the November election, despite the economic outlook improving and inflation falling below 3%. Powell has stated he intends to remain in his position until his term expires in 2026, potentially setting up future conflicts if Trump wins a second term.