Both Republican and Democratic lawmakers in the United States are urging Powell to stay on as the chairman.

Recently, President Trump has been attacking Federal Reserve Chairman Powell almost every day, emphasizing that the $25 billion headquarters renovation project of the Federal Reserve is facing cost overrun issues. Currently, the White House staff is conducting an investigation into this. Both Democratic and Republican lawmakers are urging Powell to stay on, with Senator Mike Rounds stating that as the Federal Reserve Chairman, Powell believes that his "duty is to maintain this independence." Congressional advisers have revealed that Trump has currently ruled out the possibility of firing Powell, as he is concerned that such a move could trigger financial market turmoil.