Event Overview
Trump Says He Doesn't Care If Powell Stays on Fed Board
Trump said he doesn’t care if Powell stays on the Fed Board after Powell’s term as chair ends, with Bloomberg reporting both that Powell may remain on the Fed Board and that Trump expressed indifference to Powell staying on the board. CNN adds context that Powell’s term as chair ends May 15 and notes Powell will remain on the Fed’s rate-setting committee, citing a DOJ probe and past actions during his tenure. The overlap shows Trump’s stance as non-committal about Powell’s future role while Powell’s status on the board is framed as continuing beyond his chair term.
Concrete downstream impact not stated in the supplied coverage.
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Trump Says He Doesn't Care If Powell Stays on Fed Board
"I don’t care. If he stays on he stays on,” President Donald Trump says when asked about his thoughts on Federal Reserve Chair Jerome Powell’s decision to stay on the Fed Board of Governors after his term as chair is over. (Source: Bloomberg)
Trump Says He Doesn’t Care If Powell Remains on Fed Board
President Donald Trump said he did not care if the Federal Reserve’s Jay Powell remained as a governor after his tenure as the central bank’s chair ends.
‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed
After eight years spanning three administrations, 66 interest-rate-setting meetings, a pandemic, a criminal probe and countless attacks from the Trump administration, Jerome Powell capped his final policy meeting as chair of the Federal Reserve on Wednesday. But he’s not going far: While Powell’s term as chair ends on.