‘We need regime change at the Fed,’ said one leading contender to head the Federal Reserve.

Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on Feb. 11, 2025. Madalina Vasiliu/The Epoch Times
The search for a replacement for Federal Reserve Chair Jerome Powell is underway at the White House.
While President Donald Trump has confirmed that Powell will not be fired ahead of his term expiring in May 2026, senior administration officials have started pursuing candidates to lead the U.S. central bank for the next four years.