For those worried about Powell being fired and replaced with a Trump loyalist, you don't need to worry (seriously)

Changes in interest rates require a majority vote of 12 members in the FOMC. Powell is one vote. The last time they voted (didn't change rates) it was a 12-0 majority.

The Trump loyalist (2026 Q1 at the latest) will of course be very different when making speeches. But there's practically 0 chance Trump is going to get the 0 percent interest rates that he wants (and of course very high interest rates during a Democrat administration).