Trump Appears to Rule Out Third Term: 'Not Something I Look Forward To'

washington - President Donald Trump now seems to rule out a third term, mentioning potential successors. He also addresses Federal Reserve Chair Powell and trade policies in a recent interview.

Trump Appears to Rule Out Third Term

President Donald Trump has indicated that he is not looking forward to a third term in office, mentioning potential successors like Vice President JD Vance and Secretary of State Marco Rubio.

Constitutional Limitations

The U.S. Constitution limits presidents to two terms in office, requiring a two-thirds majority in both the House and the Senate to amend this. Trump's Republican party lacks this majority, making a constitutional convention the only other option, needing support from two-thirds of the states.

Recent Interview Highlights

In a recent interview with NBC News, Trump reiterated that he will not dismiss Federal Reserve Chair Jerome Powell before his term ends in May 2026. He criticized Powell's stance and urged the Fed to lower interest rates.

Trade Policies and Implications

Trump defended his trade policies, claiming companies are relocating production to the U.S. He also hinted at the possibility of making import tariffs permanent, which previously caused concerns on Wall Street.