Trump demands his own appointee be replaced with 'anyone' else

President Donald Trump continued his war against Federal Reserve chairman Jay Powell on Wednesday, demanding he be replaced in a Truth Social post.

"ANYBODY BUT 'TOO LATE,'" Trump wrote — referencing his nickname for Powell of "Mr. Too Late," for not reducing interest rates as quickly or readily as he wants him to.

Powell was initially appointed by Trump himself in 2018, to replace Janet Yellen, and was renewed for another term by former President Joe Biden.

The Federal Reserve...