US_ Time for Sore Loser Jerome Powell to Go (Stephen Moore - NEWSMAX)

NEWSMAX

Time for Sore Loser Jerome Powell to Go

Federal Reserve Chair Jerome Powell during a press conference - April 29, 2026 - Washington, D.C. (Anna Moneymaker/Getty Images)

By Stephen Moore | Wednesday, 06 May 2026 12:00 PM EDT


The man just won't leave the stage.

Federal Reserve Chairman Jerome Powell announced last week that he's going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship.

The announcement came even after President Donald Trump agreed to drop his unwise lawsuit against Powell for funding a $2 billion new Taj Mahal building down the street from the White House.

Powell will be the first Fed chair to stay on the Fed's Board of Directors in 50 years.

This isn't the way it's done.

It's bad form.

...

READ MORE: https://www.newsmax.com/stephenmoore/transitory-inflation/2026/05/05/id/1255270/

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