The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's historic character.

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already. Consumers hoping for lower rates as well may be better off if the Fed sticks to its current plan, experts say.

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.

If President Donald Trump takes the unprecedented step of trying to fire Fed Chairman Jerome Powell, the effort would roil markets and likely be met with pushback in the courts. Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Key Takeaways JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve remains critically important.The comments come after President Donald Trump has spent months pressuring Fed Chair Jerome Powell to lower interest rates.