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PBS Newshour

Powell says he will stay on Fed board after chair term ends

Season 2026 Episode 89 | 5m 26s

The Federal Reserve is transitioning to new leadership. Kevin Warsh, Trump’s pick for Fed chair, was confirmed by a Senate committee today, clearing the way for a full Senate vote. Jerome Powell said he’ll step aside when his term as chair ends in May, but will remain on the board of governors until that term ends in 2028. Amna Nawaz speaks with David Wessel of the Brookings Institution for more.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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News Wrap: Comey denies wrongdoing as he appears in court over new indictment
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How a Supreme Court decision weakens the Voting Rights Act
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How tariff refunds may affect U.S. businesses and consumers
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The communities hoping America’s 250th will bridge divides
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How the UAE's departure from OPEC could impact oil markets
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Comey indicted over social media post DOJ says crossed line
James Comey indicted over social media post Trump's DOJ says crossed a line
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