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Jerome Powell ends term as Federal Reserve chief clouded by Trump tumult

The Hill · May 15, 2026, 10:00 AM · Also reported by 3 other sources

Why this matters: political developments that affect policy direction and public trust.

Jerome Powell’s stint leading the Federal Reserve is finished, but his battle with President Trump is far from over. Powell’s second four-year term as chair of the Fed board ended Friday, two days after his successor, Kevin Warsh, was confirmed by the Senate as the bank’s next chief. After leading t

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Jerome Powell ends term as Federal Reserve chief clouded by Trump tumult

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