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Event Brief

Bessent calls Powell staying on a Fed norms violation

Treasury Secretary Scott Bessent said Jerome Powell staying on the Fed Board violates Fed tradition.
WHO: Scott Bessent
WHAT: Bessent criticized Powell’s decision to stay on the Federal Reserve Board
WHEN: Apr 29, 2026 at 5:06 PM ET
WHERE: United States
WHY: Bessent said it breaks with Fed tradition.
How this story developed (showing 2 of 2 earlier reports)
Sources (1): Bloomberg

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