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Powell to remain at Fed, setting up clash with Trump
We watched last week as the Federal Reserve held its benchmark interest rate at 3.6% for a third straight meeting. This comes as Chair Jerome Powell will reportedly step down from his leadership role when his term ends May 15, though he will remain on the Fed’s board, potentially creating tensions as a new chair takes over. Speaking with LiveNOW’s Shawna Khalafi about the possibility of tensions continuing to grow at the Fed is Christopher Rugaber with The Associated Press.