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The Federal Reserve succession drama now comes down to a decision only Jerome Powell can make: Will he give up his seat on the Fed's board when his chairmanship ends or stay on as a governor?

By WSJ April 27, 2026 Neutral
The Federal Reserve succession drama now comes down to a decision only Jerome Powell can make: Will he give up his seat on the Fed's board when his chairmanship ends or stay on as a governor?
With Kevin Warsh's confirmation back on track, the last unresolved question is whether Powell will give up his seat on the Fed's board next month.
With Kevin Warsh's confirmation back on track, the last unresolved question is whether Powell will give up his seat on the Fed's board next month.