Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald ...

His term as chair will expire in May 2026 ... justice’s authority and potentially influence their decisions. This “shadow court” would linger over the real one, creating instability without ...

Trump nominated Powell in 2018, but later turned on him. During his time in the White House, Trump and his advisers decided ...

In an interview with Barron's, Bessent floated the idea of a so-called shadow Federal Reserve Chair: Trump would nominate a ...