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As Powell Steps Down, the Fed Confronts ‘Regime Change’

Jerome H. Powell is passing the chair's baton to Kevin M. Warsh at the Federal Reserve, an instituti...

BUSINESS NEWS May 15, 2026

As Powell Steps Down, the Fed Confronts ‘Regime Change’

Jerome H. Powell is passing the chair's baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump's pick says needs an overhaul.

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Jerome H. Powell is passing the chair's baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump's pick says needs an overhaul.

Author: The New York Times

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