Trump slams Fed chair, eyes replacement in a few months

President Donald Trump speaks to business leaders at a dinner event in Tokyo, Japan, Tuesday, Oct. 28, 2025. (AP Photo)

US President Donald Trump on Tuesday said there was a long list of people who could take over the Federal Reserve, slamming current chairman Jerome Powell, whose term ends in May.

“We have an incompetent head of the Fed… we got a bad Fed guy, but he’ll be out of there a few months, and we’ll get somebody new,” Trump told business leaders at a dinner in Tokyo during his week-long trip to Asia.