Caravan Magazine

A journal of politics and culture

Jay Powell

Why Trump Likely Won’t Try to Remove Fed Chair Jay Powell

Federal Reserve Chair Jerome Powell’s confident response to a question about whether he’d step down if President-elect Donald Trump asked him to went viral last week. Powell’s firm stance in such a volatile political moment raised eyebrows. But the reasons…

Jay Powell: The Fed Chair Who Masters Politics Without Being Political

When Jay Powell ascended to the role of chair of the Federal Reserve in 2018, few anticipated the political storm he would face—and even fewer would have predicted how adeptly he would navigate it. Powell, appointed by President Donald Trump,…