Powell, the most battle-tested Fed chair, finishes his term

Powell, the most battle-tested Fed chair, finishes his term
- May 15, 2026
- Erin Lockwood, political science, shares insight on Powell’s term with CNN
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The Covid-19 pandemic was Powell’s most daunting challenge at the helm of the world’s most powerful central bank, economists and former Fed officials say. … “The (Fed’s) Covid response was successful at restoring market stability and preserving access to credit,” Erin Lockwood, a political science professor at the University of California, Irvine, and Fed resident at the Roosevelt Institute, wrote in a statement.
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