#TrumpVsPowell

NOT HAPPY WITH HIM'

Powell, first appointed to the Fed by President Barack Obama, was elevated to Fed chair by Trump during his first term, but the Republican president soon soured on him for raising interest rates. Trump repeatedly berated Powell in public and considered trying to fire him but never did.

The issue has arisen again in the last week with Powell and other Fed officials saying they believe Trump's aggressive tariffs could put them in a bind with the potential for them to push up inflation while harming overall economic growth and labor markets. Trump on Thursday chastised Powell again for not cutting rates.