Powell Rejects Shadow Chairman Role
Jerome Powell stated he will not serve as a shadow chairman after his current term as central bank chair expires next month. He confirmed he intends to remain on the board as a governor. Powell explicitly dismissed the idea of acting as a shadow chairman when questioned.
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Sources · 7 independent
WTOP Washington DC
“Powell said he's going to stay on as a governor at the the central bank after his chairmanship expires next month... That's just something I would never do, you know, the shadow chair thing.”
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