Powell’s Rival Bullard Pushes Rate Cuts, Has The Fed Mutiny Begun?

Jim Powell might be under threat from another Jim, one James B. Bullard, who today said, “Rates are a bit high right now, and I think we can get down about 100 basis points by 2026. I think that’ll start with a rate reduction here at the September meeting.” Well, someone just became Trump’s new top pick for Fed Chair.

The former St. Louis Fed President (what is that, a basketball team?) also said that he’d been in touch with Treasury Secretary Scott Bessent for a meeting after Labor Day, which is obviously an interview, like, surely.

Powell’s term expires in mid-May and will likely be replaced if not before then. Perdue Dean, Bullard has been tapped as a frontrunner for the job mainly because Trump hasn’t found a reason to hate him yet.

If Bullard doesn’t get the job, Trump and Bessent have a long list of contenders to pick from, including fan favorite, Fed Gov. Chris Walker.

But those are the boring options. To see who’s REALLY going to be the next Fed Chair, read our ranked list of TOP 10 PICKS TO REPLACE POWELL below:

(Honorable mention) JD Vance – The Backup Backup Option

Ehh, ok, fine, if we really have to, like if we’re really scraping the bottom of the barrel, I guess he’ll do. I GUESS WE COULD SETTLE. I mean, he doesn’t have much on his plate. He’s not that busy, he could probs do the Fed on the side. Not well, mind you, not a good job, but he’d do A job, sure.

JD seems a great replacement, considering that Powell is “an average-minded person” with a “low IQ for what he does,” according to Donald Trump.

10. No One – Better Than JD

Now, this is the most controversial take, but do we even need a chair? Can’t we just sit on the floor? It’s long been the belief of notable economists like me that the Fed can just run itself. If anything, it would be an improvement from that good-for-nothing POWELL.

9. SBF – Pronounced “essbeef”

Sam Bankman-Fried has done more than enough to prove his financial chops. Hell, he’s got ‘bank’ in his name, who better to lead the finances of this country? Now, there is the little matter of the whole ‘prison’ thing, but that’s nothing that a bit of presidential pardoning can’t fix.

8. Kanye – West

…West, that is. He’s a loose cannon. A renegade. And you know what? Maybe that’s exactly what the fed needs right now. Sure, there was that whole thing with his cousin and with the Nazis and, yes, he ran against Trump but my enemies enemy is my friend and a friend in Ye is a friend indeed.

7. Tiffany Fong – Who?

Oh, the crypto influencer that Elon offered to have a child with. Yeah, sure, why not, throw her into the mix. The important thing is that we make HEADLINES. Ok?

6. Barron – ‘Trump’, not ‘Oil’

Now, Barron’s a good kid. Maybe the best kid. And he knows his crypto more than anyone. He’s talking about crypto, he’s a fan, he knows how to use his wallet. What’s a wallet? Well, he’s using it. So he’s a good pick.

5. Scrooge McDuck – Money Man (Duck)

If anyone understands money, it’s a man with a giant pile of money in his house. Now that’s the kind of guy I want in charge of interest rates, that’s for sure.

4. An AI Tesla Bot – If Elon Can Bury The Hatchet

Picture this: no more Jay Powell AND Tesla stock goes up with a ground-breaking tech demo, all in one move. He’s lean, he’s mean, he’s a fighting machine what else would you build a robot for but managing the federal reserve? This ain’t ‘Mr. Too Late’ this ain’t no ‘Major Loser’ this is advanced robotics at the cutting edge.

3. Jerome Powell – He’s Back, Baby!

A late entry to the field, this is a completely different Jerome Powell, absolutely no relation to the previous JP. Yes, he looks very similar, but this Jerome has a large mustache, so it can’t be the same one.

2. Eric Trump – Maybe The Real Powell Was The Friends We Made Along The Way

Eric Trump is well known for not really being that well known, so it’s a good choice after every other family member that Trump had in his inner circle got burned by the first administration. Other than moving some money around when maybe he shouldn’t have and then got caught, Eric has basically zero financial experience, which makes him perfect for the role. He also enjoys skiing. 

1. Donald Trump – The Front Runner

In the top spot, I know, it seems like a curveball, but when you think about it, it makes sense. Who better to follow through on Donald Trump’s wishes than Donald Trump himself? Who’s least likely to get fired by Donald Trump than Donald Trump? Who’s got the business, pork, and financial chops to take the US economy to the next level? And let’s be honest, if Trump could, we all know he would.

And there we have it! Those are our top five picks for the role. We’ll see how things play out, but let us know what you think! Message me personally at my home address hidden in the code for this website.

For a secret bonus option, read this: Hawk Tuah To Replace Jerome Powell as Fed Chairman