On July 25, Jin10 reported that Fed Chairman Powell has told several close friends and allies that he will never yield to calls from Trump to resign and vowed to stay in his position. According to insiders, Powell privately emphasized that he must remain in office, which is not only for personal reasons but also because his position's fate is inextricably linked to the independence of the Fed. Republican Senator Mike Rounds, who had personally asked Powell if he was considering resigning, stated, "He firmly believes that he has a responsibility to uphold that independence." Reports indicate that Trump's strategy with his team seems to be to make Powell's term as painful as possible, undermining his credibility and forcing him to resign voluntarily. A Trump advisor described this strategy as "boiling a frog in warm water": "Powell will either jump out or be 'cooked'." Despite the aggressive White House offensive, Powell has told colleagues that he will focus entirely on formulating monetary policy, unaffected by political pressures.