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Stock Market Today: Powell to Stay on Fed Board; Tech Giants Report Earnings — Live Updates WSJFed holds rates steady but with highest level of dissent since 1992 CNBCPowell plans to remain on Fed board when chair term ends, citing legal actions by Trump administration Anchorage Daily NewsPowell Says He Will Stay On as Fed Governor After Term as Chair Ends The New York Times
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"I will continue to serve as a governor for a period of time to be determined," the outgoing Federal Reserve chair said Wednesday.
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The Federal Reserve also on Wednesday left interest rates unchanged for its third straight meeting amid higher energy costs.
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Oil Prices Rise After Trump Warns ‘No More Mr Nice Guy' in Iran War, OPEC Fractures Barron'sTrump threatens Iran with AI picture of himself with a gun: 'No more Mr. Nice guy!' CNBCTrump warns Iran 'better get smart soon' as he weighs military options over Strait of Hormuz NBC News
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Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.
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US lawmakers questioning Pete Hegseth about Iran war - follow live BBCTrump Live Updates: Hegseth and Caine Testify at Pentagon Budget Hearing The New York TimesHegseth defends Iran war's mission, costs in first testimony since conflict began CNBCPentagon leaders place $25 billon price tag on Operation Epic Fury Breaking Defense
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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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