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Jay Powell says he’s not going anywhere

Federal Reserve Chair Jay Powell said he would not resign as the head of the U.S. central bank if asked by President-elect Donald Trump. Powell also disputed the White House’s authority to demote other members of the Fed board.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Punchbowl News Presents

We’re launching a weekly show on YouTube on September 5! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.