US Fed chair says will not leave early if asked by Trump

US Fed chair says will not leave early if asked by Trump …C0NTINUE READING HERE >>>

Powell’s current term as Fed chair ends in 2026.
Photo: ANDREW CABALLERO-REYNOLDS / AFP
Source: AFP

US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump.

Speaking at a press conference after unveiling a quarter point interest rate cut, Powell — whose term as Fed chair ends in 2026 — added that firing any of the Fed’s seven governors was also “not permitted under the law.”

His comments underscore the…

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