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- Another reason for #Powell to stay would be to prevent #Trump from having leverage on the next chair : if Powell leaves the board, Trump could appoint the next chair for the remainder of Powell's governor term (which ends in Jan 2028) thus giving Trump leverage over the next chair with reappointment
- Will Powell stay on the Fed board or go? He won’t say. The silence is a bit awkward—and strategic. It’s the last card he’s got, and the DOJ probe illustrates why he hasn’t played it. (It’s also making his decision harder than it had to be.) www.wsj.com/economy/cent...
