Trump posts theory on Powell staying as Federal Reserve governor

12 articles · Updated · The Daily Beast · Apr 30

After Powell, 73, said he would stay on the Fed board until January 2028 after his chair term ends on 15 May, Trump said on Truth Social that nobody else would hire him.
Powell said he was remaining because legal attacks on the Federal Reserve risked undermining politically independent monetary policy, after the central bank again held interest rates steady on Wednesday.
The Justice Department recently dropped a probe into Fed building renovations, but Powell said he was not convinced the matter was over; Trump has also sought to remove governor Lisa Cook, who is suing.

With a former chair staying on the board, what does this rare move signal for the future of central banking?

Will the Supreme Court's ruling on removing a governor permanently alter the independence of America's central bank?

How will the Fed's internal power struggle shape its fight against inflation and the rise of AI?