President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates recently. Can Trump fire Powell?

Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged again.

“If they don’t dissent, then the stock and bond markets could rally significantly on expectations that the FOMC participants are leaning toward cutting [in September], thus placating the two potential dissenters,” said veteran strategist Ed Yardeni of Yardeni Research.