Outside the Box: The FOMC and Fed governors have become less important as decision-making revolves around Chairman Powell No Comments Uncategorized One consequence of the Fed’s greater openness: Chairman Powell’s closer hold on power, writes Vincent Reinhart. One consequence of the Fed’s greater openness: Chairman Powell’s closer hold on power, writes Vincent Reinhart. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)