Shocking Political Development: Trump Responds to Powell Remaining as Federal Reserve Governor!

Amidst the turbulent financial markets, U.S. President Trump publicly stated that he doesn't mind if Powell remains in his role even after his term as Federal Reserve Chair ends.
Powell's term as Fed Chair will end on May 15, but his term as a governor will not expire until 2028, and Powell has made it clear that he will continue to serve in this position until an uncertain future period.
Trump's stance is clear: Trump said that whether Powell continues as a governor does not affect his position.
His core goal is to ensure Kevin Wirth can successfully assume the role of Federal Reserve Chair.
Trump emphasized: "No, I don't care if Powell stays on; I only care that Kevin can smoothly take over this position."
Powell's Future:
Although Trump is relaxed about Powell's continued tenure, Powell remains flexible about his role and is prepared to continue serving as a Federal Reserve governor in the coming period, which means Trump's plans to reshape the Fed may face more challenges.
Meanwhile, Kevin Wirth is expected to receive Senate approval before Powell's term ends, allowing him to take on this critical role.