On Wednesday, the Fed announced that the interest rate would hold at between 3.5% and 3.75%, despite calls from Dallas Fed President Lorie Logan and others for a "modest" increase. Anna Moneymaker/Getty ImagesPresident Donald Trump has pushed for years for the Fed to lower interest rates. "Interest Rates too high!" Trump nicknamed Powell "Too Late" and called him a "DISASTER" because of his reluctance to lower interest rates. "Jerome 'Too Late' Powell wants to stay at the Fed because he can’t get a job anywhere else — Nobody wants him," Trump wrote in April.