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Trump Says He Doesn’t Care If Powell Remains on Fed Board
Posted
May 1, 2026
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May 1, 2026
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0:14Now PlayingPresident Donald Trump said he did not care if Jay Powell remained as a governor after his tenure as the central bank's chair ends. #trump #politics #worldnews #fed #usa
Powell's term as Fed chair ends on May 15 but his seat on the Board of Governors doesn't expire until 2028, and he said he intended to "continue to serve as a governor for a period of time to be determined."
Trump's pick to succeed Powell, Kevin Warsh, is on track to be confirmed by the full Senate before Powell's term ends, and Powell's continued presence threatens to complicate Trump's push to remake the central bank.
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