It is unusual for soon-to-be-former Fed Chair Jay Powell to stay on at the @federalreserve. For someone who speaks so often of norms, his unilateral decision to stay flies in the face of tradition.
Kevin Warsh will bring about a new day at the Fed, with accountability,… pic.twitter.com/QAxbwqNo2S
— Treasury Secretary Scott Bessent (@SecScottBessent) April 29, 2026