Jerome Powell to remain on Fed's board after stepping down as chair

NPR·Apr 29

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Jerome Powell is expected to remain on the federal reserve's board after his term as chair ends. The decision may be related to concerns about central bank independence, although the circumstances of his planned stay are unclear. There are also reports of potential conflict with a prominent figure who has threatened action if Powell stays on the board.

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