Jerome Powell could stay at the Fed even after being removed as chair. Here's what that means
CNBC·2026-01-21 03:12

WASHINGTON, DC - DECEMBER 10: Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. The Fed announced it has lowered interest rates by a quarter of a percentage point to a range of 3.5 percent to 3.75 percent in the third rate cut this year. (Photo by Chip Somodevilla/Getty Images)The saga over President Donald Trump's efforts to reshape the Federal Reserve has another twist to ...

Jerome Powell could stay at the Fed even after being removed as chair. Here's what that means - Reportify