Jerome Powell weighs staying on Federal Reserve board after chairmanship ends
Updated
Updated · The Wall Street Journal · Apr 27
Jerome Powell weighs staying on Federal Reserve board after chairmanship ends
10 articles · Updated · The Wall Street Journal · Apr 27
The Justice Department has halted its criminal investigation into Powell, clearing the way for Senate confirmation of Kevin Warsh as his successor before Powell’s term ends on May 15.
Powell must now decide whether to remain as a Fed governor until 2028 or step down, a choice that determines if President Trump gains another board vacancy.
Most previous Fed chairs have left the board after their term, but Powell’s decision could affect the institution’s independence and the Trump administration’s influence over future monetary policy.
How would Jerome Powell’s presence as a governor impact his successor’s leadership?
Can Kevin Warsh’s planned reforms truly insulate the Fed from political pressure?
How can the central bank defend itself against future executive branch investigations?
With a pending DOJ appeal, is the pressure campaign against the Fed truly over?
Is rising government debt now the greatest long-term threat to Fed independence?