Trump Warns Powell: "Life Won't Be Pleasant" If He Stays on Fed Board - MUST BE IN ENGLISH

Former President Donald Trump warned Federal Reserve Chair Jerome Powell on January 21, 2026, that his remaining term as a Fed governor would be unpleasant if he stays beyond his chairmanship ends in May. Speaking at the World Economic Forum in Davos, Trump told CNBC: “If that happens, I don’t think his life will be very, very happy.” The White House has escalated pressure on Powell, issuing subpoenas over the Fed’s headquarters renovation, potentially paving the way for criminal probes. Powell has called the move political intimidation, fueling speculation he may stay on the Board through 2028, retaining influence over U.S. monetary policy. Powell’s continued presence would block Trump from appointing a new governor. The president also narrowed the successor search, saying: “In my mind, there’s really only one left.” Finalists reportedly include BlackRock’s Rick Rieder, Christopher Waller, and Kevin Warsh. Kevin Hassett appears sidelined after Trump said he prefers him in his current role. Subpoenas have complicated nominations; Senator Thom Tillis opposes any vote until investigations conclude. Trump dismissed concerns, noting Tillis won’t seek re-election in 2026.