Amna Nawaz
Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos

Powell says he will stay on Fed board after chair term ends, addressing Trump’s attacks

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April 29, 2026

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The Federal Reserve is transitioning to new leadership. Kevin Warsh, Trump’s pick for Fed chair, was confirmed by a Senate committee today, clearing the way for a full Senate vote. Jerome Powell said he’ll step aside when his term as chair ends in May, but will remain on the board of governors until that term ends in 2028. Amna Nawaz speaks with David Wessel of the Brookings Institution for more.

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The Federal ReserveKevin Warsh TrumpsJerome PowellAmna NawazDavid WesselBrookings InstitutionWatch PBS NewsPBS News Hour

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Powell says he will stay on Fed board after chair term ends, addressing Trump’s attacks · Amna Nawaz · Sentinel