Senate Republican: Powell should leave Fed, ‘cash in’
- Posted on April 28, 2026
- By The Hill
- 1 Views
- 1 min read
In brief
A Republican senator from North Dakota has publicly urged Federal Reserve Chair Jerome Powell to step down when his current mandate expires next month. The call reflects ongoing political debate over monetary policy and central bank leadership. This statement underscores growing pressure from lawmakers regarding the Fed's direction and Powell's continued stewardship, amid broader discussions about economic policy and inflation management strategies.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Senate Republican: Powell should leave Fed, ‘cash in’
Sen. Kevin Cramer (R-N.D.) on Tuesday said he hopes that Federal Reserve Chair Jerome Powell will depart the central bank at the conclusion of his term next month. Powell’s term as chair is set to…
