President Donald Trump’s call for the “termination” of Federal Reserve Chair Jerome Powell landed Thursday as the Supreme Court is weighing a fast-moving appeal over two independent agencies that has increasingly become a proxy battle for control of the nation’s powerful central bank.

Legal precedent says Trump can’t fire the Fed chair, but the Supreme Court is considering a case that could change that.

President Donald Trump took aim at Federal Reserve Chairman Jerome Powell Thursday morning, arguing he “should have lowered Interest Rates” and hinting at a looming “termination.” Powell spoke at an event with the Economic Club of Chicago on Wednesday,