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President Donald Trump has for months tried to pressure Federal Reserve chair Jerome Powell to resign from his post if he doesn't cut interest rates.
The term of the current chair, Jerome Powell, is up in May 2026, and his term on the board of governors expires in January 2028.
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald Trump vs. Federal Reserve Chair Jerome Powell -- is taking a back seat.
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...