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Analysis: The Warsh revolution is coming. Powell won't stand in the way.

By CNBC April 29, 2026 Neutral
Analysis: The Warsh revolution is coming. Powell won't stand in the way.
Fed Chair Jerome Powell said Wednesday he would stay on the Fed's board after his term as chair ends in May, but he stressed he won't be a "shadow chair." Powell will stay to help the Fed ensure its independence from legal threats from the Trump administration, he said.
Fed Chair Jerome Powell said Wednesday he would stay on the Fed's board after his term as chair ends in May, but he stressed he won't be a "shadow chair." Powell will stay to help the Fed ensure its independence from legal threats from the Trump administration, he said.