U.S. President Donald Trump intensified his public campaign against Federal Reserve Chair Jerome Powell on Friday, writing on Truth Social that Powell is a “stubborn moron” and demanding that the central bank’s Board of Governors “assume control” if the chairman refuses to “substantially” lower interest rates. Trump’s remarks come two days after the Federal Open Market Committee kept its benchmark rate unchanged for a fifth consecutive meeting. The decision was approved on a 9–2 vote, with Governors Christopher Waller and Michelle Bowman favoring a quarter-percentage-point reduction—the first time in more than 30 years that two governors have dissented on a single policy action. The president, who originally appointed Powell in 2017, has repeatedly faulted the Fed chief for acting “too late” on monetary easing and claims that high borrowing costs are costing the country “trillions of dollars.” His latest call for the board to override Powell escalates concerns about political pressure on the traditionally independent central bank.