Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.

Loretta Mester, Fmr. Cleveland Fed President, joins 'Fast Money' to explain why she believes firing Jerome Powell would have a negative impact on the economy.

Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'

Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury

Richard Clarida from PIMCO says that the Federal reserve system is set up in a way that a committee makes interest rate decision, not any individual, so there are checks and balances to ensure the Fed's independence to political influence.