President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15
Powell said he intends to remain on the Fed board until the investigation is “well and truly over.”

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Powell said he intends to remain on the Fed board until the investigation is “well and truly over.”

Trump said Powell should leave the Federal Reserve board when his chair term ends May 15 or Trump would fire him; Powell says he will stay on the board while a DOJ investigation continues. The article reports that the investigation is also holding up a Senate hearing for Trump’s Fed chair pick, Kevin Warsh.
Federal Reserve chair who says he will remain on the board during the investigation
President whose statements and actions are central to the dispute
Trump's version of this story ↗Senator who says he will not support Warsh’s confirmation until the investigation is resolved
Tillis's version of this story ↗Right-leaning outlets like The Gateway Pundit focus on the DOJ investigation into Fed headquarters construction, framing Powell as "stonewalling" prosecutors. In contrast, left-leaning sources such as RawStory describe the move as a "vendetta" and highlight Powell’s commitment to protecting the central bank's independence from political interference.
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