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Gate 2025 Year-End Community Festival
On January 12, it was reported that some of Trump's allies were shocked by the Trump administration's decision to summon Powell. They are concerned that legal battles against Federal Reserve Chairman Powell will disrupt the bond market. They also worry that this could make Powell reluctant to leave the Federal Reserve after his chairmanship ends in May. Powell can remain as a Federal Reserve Board member until 2028, and it has not been specified whether he plans to follow the traditional departure from the Fed.