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Powell Plans to Stay on as Fed Governor After Chair Term Ends

2026-05-04 06:03:07

Abstract generation in progress

Powell plans to remain a Federal Reserve governor after stepping down as chair in May 2026, according to Nick Timiraos citing informed sources. Sources said Powell wants to preserve monetary policy continuity and the Fed’s institutional independence during a period of legal and institutional uncertainty. The length of his continued service and his future role remain unclear.

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