Economy

Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC.

Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post

The Democrat roadblock was expected but “raises the prospect of Chair Powell staying on as FOMC chair (not Board of Governors chair) beyond May,” noted UBS.

Economy

Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post

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