Trump named Powell to the helm of the Fed at the start of the year but has been a frequent and vocal critic, blaming Powell and the Fed for raising rates which he says pose a threat to his economic agenda - an unprecedented public berating that breaks with recent norms.
Asked at an economic conference in Atlanta if he would step down should Trump request his resignation, Powell said, "No."
He said he had not heard directly from Trump despite the president''s many recent Twitter outbursts and Powell repeated that the institution remained outside political considerations.