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Powell Refuses to Leave the Fed — Here’s Why He Says He Has “No Choice”

By Trader Edge at 2026-04-30 05:28

Sentiment: Negative

TLDR Jerome Powell says he will remain on the Federal Reserve board as a governor after his chair term ends May 15 Powell cited legal threats and political pressure as reasons for staying, saying he had “no choice” The Fed held interest rates steady at 3.5%–3.75%, with four officials dissenting — rare in recent decades [...] The post Powell Refuses to Leave the Fed — Here’s Why He Says He Has “No Choice” appeared first on CoinCentral. Continue reading...

Categories: News

Tags: #News #Regulation

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