Who could replace Fed Chair Powell? These are the top contenders
1. Trump criticizes Powell over unchanged interest rates, calling him a 'numbskull'. 2. Powell emphasizes focus on economic stability amid Trump’s criticism. 3. Potential Fed replacements include Scott Bessent and Kevin Warsh mentioned. 4. Rate cuts could be influenced by Trump's pressure on the Fed. 5. Fed policy decisions can significantly impact the S&P 500's performance.