T he Federal Reserve has long prided itself on its independence from political pressure. But that tradition is facing renewed strain as President Donald Trump escalates his attacks on Jerome Powell , the central bank’s chair, for refusing to cut interest rates. “If I want him out, he’ll be out of there real fast, believe me,” Trump told reporters Thursday in the Oval Office. On his social media platform, Truth Social, the President doubled down: “Powell’s termination cannot come fast enough!”

Tag-uri: Donald Trump