POWELL EXIT COULD GIVE TRUMP FED BOARD MAJORITY If Jerome Powell leaves, Donald Trump would gain a majority on the Federal Reserve Board. Powell is the only current governor appointed by presidents of both parties—first by Barack Obama, then as chair by Trump, and later reappointed by Joe Biden. Trump already appointed Michelle Bowman and Christopher Waller, and is expected to fill another seat with Kevin Warsh, potentially tipping control of the board.(*Walter Bloomberg)