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Trump fumes as Jerome Powell plots future at Federal Reserve
politics

Trump fumes as Jerome Powell plots future at Federal Reserve

The Hill · May 1, 2026, 10:00 AM

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

Federal Reserve Chair Jerome Powell is drawing backlash from Trump administration figures and allies after announcing his plans to stay at the central bank beyond his chairmanship. Powell said Wednesday that he will remain on the Fed board for an undetermined amount of time after Kevin Warsh takes o

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