PANews reported on July 17 that Trump said in an interview with Bloomberg that he would not seek to remove Federal Reserve Chairman Powell from office before the end of his term. Powell's term will expire in 2026, and his seat on the Federal Reserve Board will expire in 2028. Trump also said that the Federal Reserve should give up on cutting interest rates before the November 5 election. Powell was asked several times last week whether the election would affect the Fed's decision on whether to cut interest rates. Powell reiterated on Monday that he and other central bank decision makers would not consider political factors when making decisions. In addition, Trump said that if he wins the election, he will consider appointing JPMorgan Chase CEO Jamie Dimon as Treasury Secretary.