David Rubenstein
David Rubenstein
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Rubenstein Expects Powell to Leave Fed When Term Is Over

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September 24, 2025

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The Carlyle Group co-Chairman David Rubenstein says he thinks President Donald Trump has already made up his mind about who would replace Federal Reserve Chair Jerome Powell when his term is up. Rubenstein also says he believes Powell will leave the Fed and not stay on as a board member.

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Rubenstein Expects Powell to Leave Fed When Term Is Over · David Rubenstein · Sentinel