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multiple choice
Powell's Fed term as Chairman expires in which month of 2026?
Explanation
Powell's term ends May 2026—Trump already nicknamed him "Mr. Too Late" and narrowed replacement candidates to four people. Trump is building political pressure for early departure while legally prepar...
Sources
- Powell once said he couldn't imagine leaving the Fed early—other than dying. 'You will not see me getting in the lifeboat' | Fortune
- Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running
- Trump considers new Fed chair: Who could take over from Jerome Powell?
- Trump eyes Cabinet member to replace 'Mr Too Late' Powell at the Fed: report
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