President Donald Trump has set off a fresh round of worrying about his approach toward the Federal Reserve with his statement that his pick for the next Fed chair is “coming out very soon.”

President Donald Trump called Federal Reserve Chair Jerome Powell a “numbskull” for refusing the president’s requests that he drop interest rates. Trump, who has often clashed with Powell during his second term,

Trump pressures Fed Chair Powell for major rate cuts, citing savings, and signals possible replacement amid growing tensions.

NEW YORK (Reuters) -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to U.S.-wide protests against U.S. President Donald Trump that threatened more domestic chaos.

Amid ongoing strikes between Israel and Iran, Trump is publicly and privately making clear his desire to keep the United States out of the fray for now.