It's set to be Jerome Powell's last meeting as Fed chair -- as a big change looms
Jerome Powell is set to step down as Federal Reserve chair on May 15, though he will remain on the Fed's board for an undetermined period. His likely final meeting as chair was marked by a divided vote on holding interest rates steady and ongoing concerns about political pressure on the central bank. Kevin Warsh, President Trump's nominee to succeed Powell, has been endorsed by the Senate Banking Committee and pledged to maintain the Fed's independence.
- ▪Jerome Powell will step down as Fed chair on May 15 but remain on the central bank's board for a period of time to be determined.
- ▪The Senate Banking Committee voted 13-11 to endorse Kevin Warsh as the next Fed chair, with a full Senate confirmation vote expected soon.
- ▪Powell expressed concern over 'unprecedented' political attacks on the Fed, particularly a DOJ investigation widely seen as part of a White House effort to influence monetary policy.
- ▪The DOJ dropped its criminal investigation into the Fed, clearing the way for Warsh's confirmation after Sen. Thom Tillis lifted his hold on the vote.
- ▪Kevin Warsh stated during his confirmation hearing that President Trump did not pressure him to commit to specific interest rate cuts.
NPR — Business files mainly under business. We currently carry 30 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | NPR — Business |
| Canonical URL | https://www.npr.org/2026/04/29/nx-s1-5802911/federal-reserve-meeting-jerome-powell-kevin-warsh |
| Publication time | Wed, 29 Apr 2026 05:00:00 -0400 |
| Retrieval time | 2026-04-29T09:06:54.500Z |
| Last seen | 2026-04-29T09:06:54.500Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | qipB1qk1P8w2 |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Economy Jerome Powell to remain on Fed's board after stepping down as chair Updated April 29, 20263:12 PM ET Originally published April 29, 20265:00 AM ET Heard on All Things Considered Scott Horsley Jerome Powell to remain on Fed's board after stepping down as chair Listen · 3:37 3:37 Transcript Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/nx-s1-5802911/nx-s1-9750449" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript Jerome Powell held what's likely to be his last meeting as Fed chair, with questions lingering about whether he'll opt to remain on the central bank's board.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at NPR — Business.
Discussion
0 commentsMore from NPR — Business
