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Jerome Powell could stay at the Fed even after being removed as chair. Here’s what that means
The saga over President Donald Trump’s efforts to reshape the Federal Reserve has another twist to it revolving over whether current Chair Jerome Powell will leave after his term at the helm is finished. Powell is done as the central bank leader on May 15, and it’s highly likely Trump will nominate his successor long before then. In fact, Treasury Secretary Scott Bessent told CNBC on Tuesday that the long-awaited pick could come as soon as next week. However, Powell’s 14-year term as governor stretches all the way to Jan. 31, 2028. Historical precedent has been for almost all outgoing Fed chairs to leave their ... (full story)
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After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at the ...
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From kitco.com | Jan 20, 2026
Investors shouldn’t expect returns from silver at these levels, but gold still has significant upside in the new era of resource nationalism, according to Peter Kinsella, Global Head of FX at UBP. Kinsella was asked by Bloomberg what investors should do with silver up over 30% on the year. “Well, you don't buy it at current levels, that's for sure,” he ...
