According to online reports, according to Reuters, Powell once said that U.S. law does not allow the president to remove him. Even if Trump requests it, he will not resign voluntarily and plans to serve a full term and continue to serve as chairman of the Federal Reserve until May 2026. In addition, Powell's term as a member of the Federal Reserve Board of Governors will last until January 2028. He also said this week that he believed the case currently before the U.S. Supreme Court was unlikely to apply to the Federal Reserve.