Donald Trump is studying whether he’s able to fire Federal Reserve Chairman Jerome Powell, his top economist said Friday, a day after the president publicly criticized the head of the central bank for not moving fast enough to slash interest rates.

President Donald Trump continued to urge Federal Reserve Chairman Jerome Powell to lower interest rates and warned of “political pressure” facing Powell if the Fed continues to hold rates steady.

President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."