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Powell says he will stay at Fed after term expires, citing Trump legal threats

Jerome Powell says he will remain Fed chair after his term ends May 15, citing ongoing legal threats from President Trump aimed at lowering borrowing costs.

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Friday, 1 May 2026 at 23:39 UTC
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Jerome Powell says he will remain Fed chair after his term ends May 15, citing ongoing legal threats from President Trump aimed at lowering borrowing costs.
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