Fed Chair Powell Term Ends
Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell to deliver another interest-rate cut before his term ends in May, with the Bureau of Labor Statistics reporting. Jerome Powell is entering the final stretch of his term as chair of the Federal Reserve, and the one thing he will not say is whether he plans to stick around once that term ends. His refusal to.
/FedChairJeromePowellTestifyingBeforetheSenateBankingCommittee-c41769970fe0417b92cfac961a990140.jpg "Senate Confirms Powell For Second Term as Fed Chair")
Fed Chair Jay Powell has so far skirted the question of whether he'll stay on with the Fed when his term ends this year. While Powell's term as chair expires in May, in theory he could stick around at the Fed for years because his term at the powerful board of governors doesn't end until January 2028. Powell, who has served as Fed Chair since 2018, is due to step down from the top role in May, though his term on the seven.
Federal Reserve Chair Jerome Powell's term runs through May 15, 2026, but his successor may be named before Christmas, creating uncertainty for Powell and markets, The Street reports. Treasury Secretary Scott Bessent is expected to recommend a nominee to President Donald Trump before the holiday, with the appointment subject to Senate confirmation. Kevin Hassett, chairman of the National.
Federal Reserve Chair Jerome Powell's term ends in May 2026, but President Trump plans to pick his replacement by January. The end of Jerome Powell's term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. The end of Jerome Powell's term marks the beginning of a new chapter for the U.S.
Federal Reserve. In 2026, the Fed will undergo a leadership change that could have profound implications for U.S. monetary policy.
:max_bytes(150000):strip_icc()/INV_FedChairmanJeromePowell_GettyImages-2099861242-e74e0ee8d973459bab7b69469c5f658e.jpg "Watch Fed Chair Powell Live Here")
Here's what's on the horizon: New Chairman Appointment: President Trump will announce his nominee for Fed Chairman in early 2026. Powell's term as Fed chair expires in May, though he will have the option to serve out his term on the Fed's Board of Governors which will end in 2028. Powell has not said whether he plans to.
