https://www.live-feeds.com/feed/why-powell-is-likely-to-stick-around-at-the-fedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/why-powell-is-likely-to-stick-around-at-the-fedhttps://www.live-feeds.com/feed/why-powell-is-likely-to-stick-around-at-the-fed#u103489Mon, 05 Oct 2026 18:15:11 +0000Jerome Powell will complete his term as Federal Reserve chair despite pressure from Donald Trump to exit. Powell intends to stay on the Fed board, citing a Department of Justice probe. While Kevin Hassett argued Powell should quit following a $2.4 billion headquarters renovation overrun, the Fed's inspector general found no administrative misconduct, illegal activity, or crimes related to the project. The Senate Banking Committee has already advanced Trump's pick for the next Fed chair, Kevin Warsh, whose nomination is moving to a full Senate vote.Why it mattersThe dispute centers on