Trump's Fed Chair Replacement Hopes Fade as Powell Stays
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite Trumps attempts to replace him, Jerome Powells tenure as Fed chair may extend beyond May 15th due to a probe by one of Trumps own appointees. Powell plans to stay on if no new leader is confirmed, and lawmakers have stalled Trumps pick. A judge ruled the subpoenas as harassment, but the investigator insists its about the law, not politics, as the Fed fights to maintain independence from White House influence.
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