#TrumpVsPowell Former President Donald Trump has persistently criticized Federal Reserve Chair Jerome Powell, whom he appointed in 2017, for not lowering interest rates to stimulate economic growth. Trump has accused Powell of making politically motivated decisions and has suggested he has the authority to remove him. However, legal experts assert that a Fed chair can only be dismissed "for cause," such as misconduct or incapacity, not policy disagreements. Powell, reappointed by President Biden, has emphasized the Fed's independence and refuses to resign under political pressure. This ongoing feud underscores the tension between the executive branch and the central bank's autonomy. ​The Guardian+6Time+6Business Insider+6Time+2AP News+2Latest news & breaking headlines+2Business Insider