multi source·3h ago·7 sources analyzed
Powell discusses future role on Fed board after meeting
Jerome Powell addressed his potential future on the Federal Reserve board following a recent meeting. His remarks included a light-hearted comment about maintaining a low profile. (sources: nbcnews, nytimes, foxnews, ap)
Image: ap
ModernAction Briefing
Jerome Powell joked about keeping a low profile as he considers remaining on the Federal Reserve board after his successor, Kevin Warsh, takes over. The implications of Powell's decision for Warsh's leadership are still being assessed.
- Powell is set to transition out of the chair position at the Federal Reserve.
- Kevin Warsh is expected to succeed Powell as chair.
- Powell's comments suggest he may continue to serve on the Fed board.
Why it matters
The decisions made by Powell and Warsh could influence the direction of U.S. monetary policy.
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Top coverage · 7 sources
nbcnewsPowell jokes about keeping a 'low profile' on Fed boardnytimesTakeaways from Powell’s final news conference as Fed chair.foxnewsPowell will remain at the Fed for now, setting up potential clash with TrumpapWill Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday