ECONOMY
2 min readPowell May Remain on Fed Board After Chair Term Ends Next Year
TrueGov Editorial Team•5 months ago•2 min read
Legal provision could limit Trump's influence on monetary policy
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Federal Reserve Chair Jerome Powell's leadership term expires in May 2026, but he could potentially remain on the Board of Governors until 2028 due to his separate 14-year term as governor. This situation has created strategic considerations for President Trump, who has expressed interest in appointing a new Fed chair but may face limited opportunities to reshape the central bank's composition if Powell stays on the board.