Forget a ‘shadow’ Fed chair, here’s how the central bank could have two different leaders at once

fortune.com/2025/07/07/fed-chair-jerome-powell-trump-fomc-board-of-governors-split

President Donald Trump’s continued pressure on Federal Reserve Chairman Jerome Powell and his stated desire to appoint a replacement who will lower rates have raised concerns about potential clashes at the typically consensus-driven central bank. The way the Fed is organized also leaves…

This story appeared on fortune.com, 2025-07-07 19:13:01.
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