In the scathing screed against Federal Reserve System board of governors chair Jerome Powell, President Donald Trump, who has been excoriating the monetary policy figure while demanding interest rate cuts, floated the idea of firing him."I dont know why the Board doesnt override this Total and Complete Moron! Maybe, just maybe, Ill have to change my mind about firing him? But regardless, his Term ends shortly!" Trump declared in the Friday Truth Social post.Last week, Trump said he was not going to fire Powell.FHFA DIRECTOR CALLS FOR FED CHAIR TO RESIGN: POWELL IS DOING A GREAT INJUSTICE TO THIS COUNTRYTrump's pressure campaign for rate cuts has proven unfruitful so far.Despite the president's repeated broadsides against Powell, and ardent advocacy for lower rates, earlier this week a statement noted that the Federal Open Market Committee opted to keep "the target range for the federal funds rate at 4-1/4 to 4-1/2 percent."Trump, who was not pleased, called Powell "truly one of the dumbest, and most destructive, people in Government," in a Thursday Truth Social post, asserting that "the Fed Board is complicit."FED GOVERNOR BREAKS RANKS WITH POWELL, SIGNALS RATE CUTS COULD BEGIN NEXT MONTH"'Too Late' Powell complains about costs, much of which were produced by the Biden Fake Government, but he could do the biggest and best job for our Country by helping to lower Interest Rates and, if he reduced them to the number they should be, 1% to 2%, that numbskull would be saving the United States of America up to $1 Trillion Dollars per year," the president declared in his lengthy post on Friday.During his first term in office, Trump nominated Powell to the post. President Joe Biden later tapped Powell for another term.WHO COULD REPLACE FED CHAIR POWELL? THESE ARE THE TOP CONTENDERSGET FOX BUSINESS ON THE GO BY CLICKING HERE"I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but Ive tried it all different ways. Ive been nice, Ive been neutral, and Ive been nasty, and nice and neutral didnt work! Hes a dumb guy, and an obvious Trump Hater, who should have never been there, I listened to someone that I shouldnt have listened to, and Biden shouldnt have reappointed him," Trump said in the post.