There are reports that Trump has threatened to fire the Federal Reserve chair, Jerome Powell, if he does not leave his position. The circumstances under which Trump would take this action are unclear, with some outlets suggesting it would be if Powell stays on the Fed board or remains in office after his term as chair ends, which may be next month. The exact timing and details of the potential firing are not consistent across reports, with some specifying a date of May or May 15 for Powell's potential departure.