A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite persistently goading him to leave his post. Trump has publicly criticized the Fed chair for months for keeping interest rates steady despite the president’s insistence that Powell lower them.

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates independently from the White House.

Economists are defending Bureau of Labor Statistics commissioner Erika McEntarfer, who was fired by President Donald Trump on Friday over the July jobs report.

President Donald Trump’s firing of the chief labor statistician was criticized by her predecessor, who called it an unfounded move that will undermine confidence in a key data set on the US economy.

President Donald Trump on Friday fired a top Labor Department official on the heels of a market-shocking weak scorecard of the U.S. job market, accusing her without evidence of manipulating the figures and adding to already growing concerns about the quality of economic data published by the federal government.