Powell says he'll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee

Apr 30, 2026 - 08:00
Powell says he'll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee
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Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month "for a period of time, to be determined," saying the "unprecedented" legal attacks by the Trump administration have put the independence of the nation's central bank at risk.