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

Fed Chairman Jerome Powell will talk to reporters Wednesday as Trump deems him a “major loser” and a “total stiff.”