Trump Retains Fed Chair, Defends Tariffs Amidst Economic Uncertainty | JQJO

President Trump confirmed he won't remove Jerome Powell as Federal Reserve chair before 2026, despite calling him a "total stiff" and continuing to pressure for lower interest rates. Trump attributed the first-quarter economic contraction to Biden's policies, while claiming credit for positive economic indicators. He defended his tariffs, suggesting they ultimately benefit Americans, and hinted at the possibility of some becoming permanent. Trump's comments, while offering some market reassurance regarding Powell's position, further highlighted his mixed economic messaging and continued trade tensions.