Jerome Powell leaves Fed chair, Kevin Warsh confirmed by Senate
NewsBytes | May 16, 2026 1:39 AM CST
Jerome Powell staying on Fed board
Unlike most former Fed chairs, Powell's sticking around on the board until January 2028.
He's made it clear he wants to help keep the Fed independent, something he pushed for especially during Donald Trump's presidency when that independence was questioned.
His continued presence could still shape how things go at the central bank for a while.
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