By Divine Sam
Jay Powell, the Chairman of the U.S. Federal Reserve, following the election of Donald Trump to a second term as president. Powell reportedly vowed not to resign if asked by Trump to step down, emphasizing his commitment to maintaining the independence of the Federal Reserve.
In the context of the election results, Trump defeated Vice President Kamala Harris, securing 295 electoral votes compared to Harris’ 226, which allowed him to reclaim the presidency.
This article highlights Powell’s determination to remain in his role regardless of political pressures, reaffirming the traditionally non-partisan nature of the Federal Reserve’s leadership.