President Donald Trump on Monday continued hammering at the U.S. Federal Reserve to ease monetary policy, sending Fed Chair Jerome Powell a list of central bank interest rates around the world adorned with handwritten commentary saying the U.

Treasury Secretary Scott Bessent confirmed Monday that he would be open to replacing Federal Reserve Chairman Jerome Powell, as speculation swirls about who President Donald Trump will tap to fill the powerful position.

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.