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By Staying on the Fed's Board, Jerome Powell Could Be Doing Incoming Chairman Kevin Warsh a Huge Favor

Powell said he will keep a low profile as a governor and not challenge Kevin Warsh’s leadership amid pressure for rate cuts.

Summary by Fortune
Powell will still be around to be Trump’s punching bag and take at least some of the flak for Warsh.
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CNBC broke the news in United States on Thursday, April 30, 2026.
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