Powell plans to remain on Fed board, cites legal actions by Trump administration
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Jerome Powell plans to remain on the Federal Reserve board after his term as chair ends, citing legal actions by the Trump administration. The nature of these legal actions is described as a series of legal attacks, legal pressure, and a Justice Department probe. Powell's decision to stay on as a governor appears to be a response to these actions, although the outcome and specifics of the situation are not clear.
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