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ft_home apr 29, 2026

Powell vows to remain on Fed board as he warns over attacks by Trump

Powell vows to stay on Fed board after Warsh succeeds him as chair, warns over Trump attacks.

impact+0.90 sentiment-0.30 n=3
jerome powell said he'll stay on as a fed governor after kevin warsh takes over as chair. powell warned about political attacks from trump, calling them a threat to the central bank's independence. his decision to remain on the board means he keeps his vote on rate decisions, even without the chair title.
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