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

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

WASHINGTON (AP) — Jerome Powell says he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time.” He cited the recent legal actions taken by the Trump administration against the Fed as his reason for staying on. The Fed Wednesday left [...]

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