Powell Says He Won't Be a 'Shadow Chair' at Warsh's Fed
April 29, 2026
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1:34Now PlayingPowell Says He Won't Be a 'Shadow Chair' at Warsh's Fed
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as posted by the channelFederal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East. #worldnews #politics #usa #business #finance
Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates.
Jerome Powell said he intends to remain at the central bank as a member of its Board of Governors, and will not leave until a controversial criminal investigation into the central bank is "well and truly over with transparency and finality."
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