Jerome Powell has made it clear that if President Donald Trump attempts to fire him, he’ll sue. He’s said it once, he’s said it a hundred times: The Federal Reserve’s chair can’t be tossed out simply because the Oval doesn’t like interest rate policy.

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor

Just days after the U.S. election, the Federal Open Market Committee is set to conclude its two-day meetings that began on Wednesday and deliver a decision on interest rates. The FOMC, which sets rate policy,

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.

The central bank has made its latest interest rate decision amid reports about Fed Chair Jerome Powell.