Powell remains silent on whether to stay on as Federal Reserve Chair, as political game intensifies again

Federal Reserve Chair Jerome Powell took a cautious stance regarding whether to remain in his position after his term ends on May 15 during the recent FOMC meeting. According to BlockBeats, this decision has attracted significant market attention. Powell's term as a Federal Reserve Board member will be extended until 2028. If he chooses to stay on as Chair, current Board member Milan will lose his seat, which would deal a heavy blow to the Trump administration's influence over the Fed.

Analysts believe that Powell's stance is essentially his last bargaining chip in the current political environment. Facing pressure from the government, his decision to stay will directly determine whether the Fed's independence can be maintained. This contest over financial regulatory authority has become a focal issue for spring 2026.