politics @lemmy.world · 3 days ago

Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration

apnews.com

Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration

apnews.com

RandAlThor@lemmy.ca to

politics @lemmy.world · 3 days ago

Powell plans to remain on Fed board, cites legal actions by Trump administration

apnews.com

Jerome Powell plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.

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3 days ago
Trump clearly has Powell Derangement Syndrome and Powell should remain on until a clear-headed president can choose his replacement.

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