Top GOP rivals unite on one issue: Powell won’t be renominated as Fed chair

News Snapshot:

Federal Reserve chair Jerome Powell may be a Republican but the top four candidates vying to become his party’s standard-bearer are promising to put him out of a job if they are elected president next year. Powell was initially nominated to his role by Donald Trump but the then-president proceeded to turn on him almost as soon as he was confirmed to lead the central bank. Powell once served as an official in the George H.W. Bush administration but has nevertheless become a lightning rod for the conservative wing of the GOP ever since. Now as the 2024 field takes...