8legs: Jerome h. powell

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#1 out of 3562.0 est. views

The DOJ investigation into Powell could shape Powell’s future at the Fed and the White House's influence over the bank.
Powell’s chair term ends May 15, but he may stay on the Fed’s board until 2028, a move that would affect leadership control.
Analysts say staying on the board could deny the White House a majority on Fed appointments.
Trump has pressed Powell over rate cuts, linking the investigation to policy leverage.
If no new chair is confirmed by May 15, Powell could remain until a successor is confirmed.
The piece notes historical examples of chairs staying on the board after stepping down as chair.
The investigation could complicate Trump’s attempts to appoint a Fed chair aligned with his policy aims.
Republican senators have expressed skepticism about Powell’s conduct under oath.
The piece frames the situation as a governance test for the Fed’s independence.

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#2 out of 39.6K est. views

Powell receives bipartisan support from Republican lawmakers amid Trump-led pressure on the Fed
Senate Republicans rally to Powell, vowing to block nominees until the legal cloud is resolved
Powell’s long tenure and Capitol Hill relationships cited as reasons for his resilience
Powell’s defense of Fed independence emphasized to lawmakers across parties
Trump’s broader campaign against central-bank independence contrasted with GOP defense of Powell
Powell’s schedule shows extensive engagement with lawmakers after subpoenas
Investigations over the Fed renovation are central to the political clash described
Powell argues the Fed should act based on public interest rather than political demands
House Financial Services Chair French Hill praised Powell's integrity despite policy disagreements
The piece frames Powell as a shield against political pressure amid a tumultuous term

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#3 out of 323.6K est. views

Trump faces hurdles as he pushes for a Fed chair who supports lower rates while maintaining independence.
Powell's subpoenas and the DOJ probe threaten the Fed's insulation from political pressure, complicating confirmations.
Republican senators signal opposition to a quick Fed chair nomination amid concerns over independence.
Powell's tenure and potential stays on the board add uncertainty to who could become chair.
The Fed chair typically votes with the committee, but decisions are made by the 12-member FOMC where politics may weigh less.
The administration has attempted to fire Fed members, testing limits on presidential removal power.
Supreme Court cases could shape the Fed's independence and the scope of presidential influence.
Powell's potential vacancy could influence the composition of the Fed's seven governors and the policy mix.
The Fed's political independence remains a central theme as Trump seeks to influence rate decisions.
Analysts warn that the independence of the Fed is essential to long-term economic policy.

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