President Donald Trump plans to fire Federal Reserve Chairman Jerome Powell "soon," according to a White House official. Trump told a group of House Republicans about the plan Tuesday night, but pressure has been growing on Powell for months.

President Trump asked a group of Republican lawmakers how they felt about him firing Federal Reserve Chair Jerome Powell and told them he would "likely" fire Powell "soon," according to two White House officials and sources familiar with the Tuesday evening meeting.

President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.