Trump 'likely' will fire Fed Chair Powell 'soon,' White House official says
1. Trump considers firing Fed Chair Powell after receiving GOP approval. 2. Firing power over Fed officials is limited by recent Supreme Court ruling. 3. Discontent over Powell's leadership impacts monetary policy and market sentiment. 4. GOP lawmakers are divided; some predict Powell's imminent dismissal. 5. Powell asserts his job security is protected by law despite political pressure.