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Time for Jerome Powell to Go Home

By Stephen Moore
Tuesday, May 05 2026

The man just won't leave the stage. Fed Chairman Jerome Powell announced last week that he's going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship. The announcement came even after President Donald Trump agreed to drop his unwise lawsuit against Powell for funding a $2 billion new Taj Mahal building down the street from the White House. Powell will be the first Fed chair to stay on the Fed's Board of Directors in 50 years. This isn't the way it's done. It's bad form. Only once did he come within spitting distance of his inflation target. February…

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Notable Quote

"The U.S. has been running a real-time experiment on two approaches to criminal justice: the Biden-era emphasis on social justice versus the Trump administration's embrace of traditional law and order. The results are now in.The Bureau of Justice Statistics (BJS) reported this morning that felony violent crime fell 25% in 2025. Rape declined 13%, robbery fell 27%, and aggravated assault dropped…[more]

— John R. Lott Jr., RealClearInvestigations

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