The Federal Reserve has long prided itself on its independence from political pressure. However, with Trump's intensified attacks on Powell's refusal to cut interest rates, this tradition is facing new pressures. On Thursday, Trump told reporters in the Oval Office that if I wanted him out, he would leave quickly, believe me. The president further emphasized on his social media platform that Powell's dismissal came too slowly! This attack is one of Trump's sharpest moves to date, aimed at undermining the political independence of an institution that has historically been insulated from the White House to ensure economic stability management. Powell spoke on Wednesday against political interference, stating that the Federal Reserve will make decisions solely based on what is best for the American people. Powell said, 'This is the only thing we are supposed to do, and we will never be influenced by any political pressure. Our independence is a legal issue. We cannot be dismissed unless there is cause, and our terms are long, seemingly indefinite.' Nevertheless, this has not stopped Trump from trying to fire the Federal Reserve chairman. Trump accused Powell of failing to take sufficiently aggressive action to support economic growth, claiming that the Federal Reserve chairman is playing politics by maintaining stable interest rates.