If these were normal times, Jerome Powell would have just finished his last Fed meeting and would next month relinquish his chairmanship and his separate seat as governor. These are not normal times.
His presence raises the stakes should Trump renew his attacks on the central bank’s independence.
- Powell to remain on Fed board after chair term expires 📹 C-SPAN — · 1min
- Behind Powell’s High-Stakes Decision to Stay at the Fed The New York Times —
- Powell says he'll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee CBC —
- Fed Chair Powell warns of 'unprecedented' legal attacks on Fed by Trump administration The Globe and Mail —
- Powell stays on Fed board after term ends, preventing Trump appointment France 24 —