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Powell plans to remain at Fed, setting up potential Trump clash
Posted
May 3, 2026
Views
7,384
Likes
141
Comments
76
Engagement
2.94%
May 3, 2026
7,384
141
76
2.94%
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9:03Now PlayingWe watched last week as the Federal Reserve held its benchmark interest rate at 3.6% for a third straight meeting while signaling that rate cuts could still be possible in the coming months. This comes as Chair Jerome Powell will reportedly step down from his leadership role when his term ends May 15, though he will remain on the Fed’s board, potentially creating tensions as a new chair takes over. Speaking with LiveNOW’s Shawna Khalafi about the possibility of tensions continuing to grow at the Fed is Christopher Rugaber with The Associated Press.
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