
Powell’s Fed Board Stay Upends Trump’s Plan
Trump’s long-running push against Federal Reserve Chair Jerome Powell backfires as Powell opts to stay on the Fed’s Board of Governors after his chair term ends, depriving Trump of a favorable board majority and preserving central-bank independence. Despite continued public pressure and a DOJ probe that has wound down, Powell’s decision signals resilience to political pressure and prolongs the clash between Trump and the Fed.








