El presidente del Comité Bancario del Senado de EE. UU. critica duramente a Powell: permanecer en el consejo es un "error grave"

Golden Finance reports that on May 6th, the decision by Federal Reserve Chairman Powell to remain on the board after his term ends on May 15th has sparked fierce criticism from Senate Banking Committee Chairman Scott. This move, which breaks a 75-year-old tradition, not only intensifies conflicts between the Federal Reserve and the Trump administration but also reshapes the central bank’s power structure, injecting uncertainty into the outlook for monetary policy.
Scott bluntly stated at the Milken Institute Global Conference that Powell’s action is a “major mistake,” violating the 75-year-old tradition of “new chair taking office, old chair stepping down,” and is likely to trigger conflicts in policy philosophy, which is detrimental to both the country and the Federal Reserve. He even directly said that Powell’s approach is “a bit provocative towards the president.” A Federal Reserve spokesperson declined to comment on this.