Fact checked by Stella Osoba As President Donald Trump escalated attacks during his second administration on U.S. Federal Reserve Chair Jerome H. Powell—calling him a "major loser" and suggesting his "termination cannot come fast enough"—the Fed chair's role has become as politically charged as it is financially consequential for everyday

President Trump on Thursday bashed Federal Reserve Chair Jerome Powell for not listening to his push to cut interest rates, after the central bank once again opted to hold interest rates steady,