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Jerome Powell digs in at the Fed, blocking Trump from filling a key board seat
May 3, 2026
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Posted 1 hour ago by
Federal Reserve Chair Jerome Powell announced Wednesday that he will stay on the Fed's Board of Governors after his chairmanship ends May 15, a move that denies President Trump an immediate appointment, drew sharp rebukes from the Treasury Secretary, and sets up a quiet power struggle inside the nation's central bank. Powell's decision marks the []
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