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Jerome Powell, the outgoing Fed chair, said months of legal pressure had left him "no choice" but to remain as a governor, a move that denies the White House a crucial seat on the board.
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U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices The New York TimesTrump's 'tortoise' economy: GDP grows even as Iran challenges loom PoliticoUS economic growth rebounds 2% as consumer spending slows amid Iran war The GuardianEconomy picked up in early 2026, but inflation jumped, too The Washington PostThe U.S. economy shows resilience despite the war with Iran NPR
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