Fed Governor Resigns, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Aug 2, 2025 - 06:00
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Fed Governor Resigns, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.