President Donald Trump’s extensive tariffs have already started to generate a significant amount of money for the federal government, a new source of revenue for a heavily indebted nation that American policymakers may start to rely on.

"There could be a distribution or a dividend to the people of our country, I would say for people that would be middle income people and lower income people, we could do a dividend," Trump told reporters before boarding Air Force One after leaving his golf club in New Jersey.

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite persistently goading him to leave his post. Trump has publicly criticized the Fed chair for months for keeping interest rates steady despite the president’s insistence that Powell lower them.

Federal Reserve governor Adriana Kugler announced that she will step down next Friday, opening up a spot on the central bank’s powerful board that President Donald Trump will be able to fill.

Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed that the central banker is "TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair" in a post on his Truth Social website on Thursday.

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.