Jerome Powell's term as Fed chair ended on May 15, with Trump's handpicked successor set to officially take over on May 22. The article is a factual leadership transition update for the Federal Reserve, with no details on policy changes, rates, or market reaction. Market impact is limited unless the incoming chair signals a shift in monetary policy.
Jerome Powell's term as Fed chair ended on May 15, with Trump's handpicked successor set to officially take over on May 22. The article is a factual leadership transition update for the Federal Reserve, with no details on policy changes, rates, or market reaction. Market impact is limited unless the incoming chair signals a shift in monetary policy.
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