Trump threatens to fire Fed Chair Powell

President Donald Trump has publicly threatened to fire Federal Reserve Chair Jerome Powell if he does not leave his position at the end of his term. Trump's comments, made on social media, signal a renewed confrontation with the central bank's leadership. He stated he has 'held back' on firing Powell because he 'hate[s] to be controversial,' but warned, 'if he doesn't leave on time, I will have to fire him.' This public pressure on the Fed's independence is a recurring theme of Trump's presidency.