https://www.cnbc.com/2026/04/29/jerome-powell-says-he-will-continue-to-serve-as-a-fed-governor-even-after-chairmanship-ends-.html

• Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues.
• The statement resolves for the moment a key question that hovered over the Federal Open Market Committee meeting.
• “The things that have happened really in the last three months have, I think, left me no choice but to stay until I see them through at least that long,” Powell said.

Federal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues.

“I’ve said that I will not leave the board until this investigation is well and truly over with transparency and finality, and I stand by that. I’m encouraged by recent developments, and I’m watching the remaining steps in this process carefully,” Powell said near the beginning of his post-meeting news conference.

“My decisions on these matters will continue to be guided entirely by what I believe is in the best interest of the institution and the people we serve after my term as chair ends on May 15, and will continue to serve as a governor for a period of time to be determined,” he added.

THANK YOU CHAIR POWELL !!! So glad you are staying on !!

https://www.cnbc.com/2026/04/28/jamie-dimon-bond-crisis-global-debt-risks.html

• Jamie Dimon warned a bond crisis is likely, saying rising global government debt, including in the U.S., could lead to “some kind of bond crisis” if policymakers don’t act proactively.
• In the wide-ranging interview, Dimon addressed risks he saw in the credit cycle and the pace of artificial intelligence adoption and his insights into setting corporate culture.

definitely worth the 2 minute listen as well !

JPMorgan Chase CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand.

Dimon’s statement was in response to a question about whether he was worried about rising levels of government debt “around the world and in your country.”

“The way it’s going now, there will be some kind of bond crisis, and then we’ll have to deal with it,” Dimon said at an investment conference held by Norway’s sovereign wealth fund, the largest in the world.

“I’m not that worried we’ll be able to deal with it,” Dimon said. “I just think maturity should say you should deal with it, as opposed to let it happen.”

some more fun facts on global government debt :

Global government debt reached approximately $111 trillion in 2025, driven by pandemic spending and rising interest payments. This figure, sometimes referred to as public debt or sovereign debt, represents roughly 93% of global gross domestic product (GDP). The U.S. holds the highest debt at over $38 trillion.

US has 1/3 of it all !!

Key Data on Global Government Debt:

• Total Amount: Roughly $106.7 trillion to $111 trillion USD, according to 2025/2026 estimates.
• Top Debtors (Absolute Value): The United States (~$38T), China (~$18.7T), and Japan (~$12.7T) hold a significant portion of this total.
• Highest Debt-to-GDP Ratios: Japan (>260%), Italy, and the U.S. (approx 125–137%) are among the highest relative to their economies.
• Growth Trend: Public debt is rising sharply, with developing countries paying roughly $921 billion in interest in 2024.
• Total Global Debt (Public + Private): When including household and corporate debt, total global debt exceeds $300-$348 trillion

Don't forget to think about the grandkids LOL !!! Isn't that the usual party line ?