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Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration

WASHINGTON (AP) — Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” citing the “unprecedented” legal attacks against the central bank by the Trump administration. “I worry these attacks are battering this institution and putting at risk the things that really matter to the public,” Powell said at a press conference after the Fed announced its decision to keep its benchmark rate a...

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