Jerome Powell announces plans to remain on Federal Reserve board, citing 'series of legal attacks' against the central bank
Federal Reserve Chair Jerome Powell announced Wednesday he will remain at the Fed as a governor after his term as chair ends next month, saying he felt he had no choice but to stay amid a series of legal attacks that are “battering” the central bank. "These legal actions by the administration are unprecedented in our 113-year history,” Powell said. “I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to ...
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