Donald Trump is weighing a push from right-wing allies to nominate Kash Patel to lead the FBI, one of the clearest indications Trump plans to stick by his vow to fire Director Christopher Wray before his 10-year term ends and replace him with a loyalist.

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.