Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi-front push.

Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.

Today at the White House, President Trump held a meeting with Bahrain PM Salman bin Hamad Al Khalifa. During his remarks, Trump insulted Fed Chair Jerome Powell, stating, "He's doing a lousy job."

Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'

The president indicated to Republican lawmakers that he is likely to attempt to remove the Fed chair from his job soon.