Fed Chair Succession Looms as $5.5 Trillion Spending Bill Pressures Bond Markets
Jerome Powell's Fed term expires May 2026 as the One Big Beautiful Bill Act adds $5.5 trillion to national debt by 2034. Presidential pressure for a loyalist replacement creates monetary policy uncertainty while Social Security and Medicare trust funds face 2032-2035 insolvency timelines.
ViaNews Editorial Team (Markets)•