#TrumpVsPowell President Donald Trump is increasing pressure to fire Federal Reserve Chairman Jerome Powell, accusing him of not lowering interest rates quickly enough to support economic growth. Trump stated that 'the firing of Powell cannot come soon enough' and is considering legal options to remove him. However, Powell asserts that he will complete his term until May 2026 and that his dismissal is not permitted by law. This confrontation raises concerns about the independence of the Fed and the potential to cause volatility in the financial markets.