White House — Page 52

Organization · 1449 published stories · 316 outlets

Powell to remain on Fed board after term ends, preventing Trump appointment

Jerome Powell will remain on the Federal Reserve's Board of Governors after his term as chair ends May 15, a move that blocks President Trump from immediately naming a successor and has intensified their long-running feud. Powell used his final press conference to underscore the importance of central bank independence, while Trump criticized his decision and has already nominated Kevin Warsh to take over the top role.

2 outlets · 2 articles Apr 30, 2026

US gas prices hit $4.23 high as Hormuz fears drive oil surge

Average US gasoline prices have climbed to multi-year highs above $4 a gallon, with reports citing figures from $4.18 to $4.48 nationally and over $6 in California, as Brent crude exceeds $100 a barrel. Outlets link the rises to disruptions in the Strait of Hormuz amid the US-Israel conflict with Iran and related naval measures. Officials and analysts offer differing assessments of the economic impact and underlying causes.

4 outlets · 8 articles Apr 29, 2026