Published Apr 28, 2026, 12:01 AM ET · Updated 6 months ago · 3 sources
Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
apnews
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Original Report
WASHINGTON (AP) — The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification. Also Wednesday, the Senate Banking Committee will vote on whether to confirm President Trump’s nominee, Kevin Warsh, to succeed Fed Chair Jerome Powell. The committee is expected to approve Warsh, sending his nomination to the full Senate. At a news conference later that afternoon, Powell may indicate