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 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.

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates independently from the White House.