Trump escalates feud with Fed Chair Powell as successor nomination stalls

President Donald Trump has intensified his public attacks on Federal Reserve Chair Jerome Powell, demanding lower interest rates amid economic uncertainty. Meanwhile, the nomination of Kevin Warsh as Powell's successor remains stalled in the Senate, creating a leadership vacuum at the central bank. Trump's pressure campaign marks an unprecedented breach of central bank independence, raising concerns about politicizing monetary policy. The standoff comes as the Fed faces conflicting pressures from inflation and slowing growth.