Daily Show host Jordan Klepper on Thursday mocked President Donald Trump after he appeared to claim that former President Joe Biden appointed Federal Reserve Chair Jerome Powell. Related: Hillary Clinton Just Hit On One Of Donald Trump's Biggest Insecurities With Three Words

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over i

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already. Consumers hoping for lower rates as well may be better off if the Fed sticks to its current plan, experts say.

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House.

White House officials accuse Federal Reserve chair Jerome Powell of mismanaging its building renovations, which cost $700 million more than expected. Office of Management and Budget Director Russell Vought sent Powell a letter taking issue with the cost overruns and certain statements from a Senate hearing last month.

President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.