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Jerome Powell Now Considering Move to Spite Trump: Report

In the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell, it’s not the president who appears ready to fire off the latest salvo.

Rather, it appears Powell is planning a move against the man who has long been tied to his potential ouster, per Politico.

The liberal outlet reported that Powell may now look to stick around at the Fed even after his chairmanship expires.

Powell is now “far more open” to staying after his chairmanship expires, potentially in a governorship role, Politico reported.

Of note, Powell’s board term doesn’t end until 2028, while his chair term ends on May 15 — potentially setting up another two years of feuding with Trump.

The core issue at hand is Powell’s general refusal to have the central bank lower interest rates, which Trump and his administration have been asking for, and consider key to boosting the economy.

While it has mostly been a war of words, things appeared to escalate when the Department of Justice opened up an investigation into Powell about his alleged........

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