Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

Powell to Remain as Fed Governor Through January 2028, Blocking Trump Vacancy

GateNews
Forex
On Wednesday (April 29), Federal Reserve Chair Jerome Powell announced he will remain a central bank governor through January 2028, extending his influence over monetary policy beyond his term as Fed chair, which ends on May 15. This decision denies Trump an immediate opportunity to fill a vacancy on the influential Fed board. Powell cited concerns about legal attacks on the Fed's political independence, stating he would "keep a low profile as a governor" once Kevin Warsh assumes the chair role.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

04-29 18:19
Bitcoin Trapped Below $78K Resistance as Spot ETF Outflows Extend to Third Day on April 29
04-29 17:49
Federal Reserve Has 99% Probability of Holding Rates Steady in June, CME Fed Watch Shows
04-29 08:21
Federal Reserve Holds FOMC Meeting Today; Powell's Term Ends May 15 as Warsh Confirmation Advances
04-29 06:09
Energy Prices Become Key Variable for Fed Policy Path, Says Strategy Asset Managers CEO
04-28 23:21
Eurozone Consumers Expect 4% Inflation Over Next 12 Months, Economic Growth Outlook Darkens
In-Depth Analysis

Powell will hold a press conference tomorrow morning. With it effectively certain that interest rates will not change, what should the market watch for in this Federal Reserve decision?

ChainNewsAbmedia04-29 01:54

Suspense over Federal Reserve power transition: Worsening policy rifts under Wush, analysis of risks to independence and the balance sheet path

Gate Instant Trends04-28 14:38

Fed Holds Rates at 3.5%-3.75%, Powell's Final Speech May Signal Future Cuts

Crypto Frontier04-28 10:52
Comment
0/400
No comments