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Powell says he'll stay on Fed board after chairmanship ends but won't be a 'shadow Fed chair'

By Fox Business April 29, 2026 Neutral
Powell says he'll stay on Fed board after chairmanship ends but won't be a 'shadow Fed chair'
Fed Chair Jerome Powell says he won't retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair.
Fed Chair Jerome Powell says he won't retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair.