Powell is staying at the Fed, with Trump appointments possibly limited

  U.S. Federal Reserve Chair Jerome Powell begins two days of congressional testimony on Tuesday under fire from President Donald Trump for not cutting interest rates but with his status as head of the central bank seemingly secured from any presidential action by a Supreme Court ruling last month. U.S. Federal Reserve Chair Jerome Powell begins two days of congressional testimony on Tuesday under fire from President Donald Trump for not cutting interest rates but with his status as head of the central bank seemingly secured from any presidential action by a Supreme Court ruling last month.