US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump. If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. da/sms

US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump. If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. da/sms

When asked whether he would resign if asked by Trump, the Fed chair simply said: "No."

US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump.

Jerome Powell, who serves as chair of the Federal Reserve of the United States, says that, under the law, Donald Trump cannot force him to resign.During a Thursday press conference, Politico reporter Victoria Guida asked the Fed chair, "Some of the president-elect's advisers have suggested that you ...

Powell, who was appointed by Trump in 2017, will end his term as the Federal Reserve’s chairman in 2026.