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.

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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