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Powell has said he will not resign voluntarily, and his term as Fed chairman will expire in May 2026.

2025-04-19 22:45:35 1 hours ago CoinRank

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CoinRank News: Powell has said that U.S. law does not allow the president to remove him from office, and he will not resign voluntarily even if Trump asks him to, and plans to serve a full term and continue to serve as Fed chairman until May 2026. In addition, Powells term as a member of the Federal Reserve Board will last until January 2028. He also said this week that he believes that the case currently being heard by the U.S. Supreme Court is unlikely to apply to the Federal Reserve. (Reuters)

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