President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's what's happening.

Contrary to Trump's assertion that Powell would leave if asked, Powell, a former private equity investor with enough independent wealth to fund his own legal challenge, has said he has no plans to vacate the job before his term ends in May of next year.

Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in contrast to aggressive easing by the European Central Bank.