Despite former President Trump's ongoing criticism of the Federal Reserve, including threats to dismiss Chair Powell and Board Member Cook, financial markets have shown little reaction in 2025. Trump's calls for interest rate cuts have not swayed market expectations significantly, with only brief impacts observed. Economists are split on the potential consequences of Trump's actions, debating whether the Fed has exceeded its authority or if political interference poses a greater risk. Legal experts also voice concerns over the Supreme Court's unclear stance on the Fed's distinction from other government bodies.