President Donald Trump wants the Federal Reserve to slash U.S. interest rates now, but the White House can't do much to influence borrowing costs in the short run. Here are five reasons why Trump might not get cheap money fast: The Fed chair only has one vote Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell's term as chair does not end until May 2026. He's insisted he won't resign early. Even if Powell did resign, a new chair would only have one of 12 votes on the Fed board that sets the direction of U.S. interest rates. The new chair ... (full story)