Still, that hasn’t stopped Trump from trying to fire the Fed chair. “I don’t think he’s doing the job,” the President said Thursday, claiming that Powell cut interest rates “too late.” Powell was first nominated to lead the Fed by Trump in 2017 and renominated by President Joe Biden in 2022. His current term as chair extends until May 2026.

White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair Jerome Powell, a sign that such a move,

Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.