Jerome Powell
Fed chair nominee Warsh calls for ‘regime change’ and new approach to inflation
Warsh’s confirmation faces delay due to dispute over Powell criminal probe
Trump’s quest for more sway over Fed faces fresh hurdles
Jerome Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the US central bank after that
Trump threatens to fire Powell if he does not resign from Fed
Jerome Powell’s tenure as chair officially ends May 15
The clock is ticking on the Fed’s leadership change
A Senate impasse, criminal probe and unusual political pressure mean the transition may not be clean or quick
Fed will wait out war, monitor oil shock impact before acting on interest rates
The US central bank hinted that it may not cut rates until the fog from the Iran war has cleared
Powell says no plans to leave Fed until investigation over
The investigation has stirred speculation in recent months that he might continue serving his term as a governor, which runs until 2028
Stuck between inflationary and deflationary forces, Fed almost certain to keep rates unchanged
Officials warn any rate-cut plans will be shelved until the aftershocks of the Iran war become clear
Disappointment for some, relief for others as markets ponder Warsh’s nomination as next Fed chief
In some quarters, he is seen as a ‘credible choice’, who may hold his own against President Trump’s demand for rate cuts
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections
Federal Reserve’s Powell dodges questions on his future, but has advice for his successor
Powell’s term as chair ends in May
