The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of debate through the course of this election cycle.
Republican control could mean big shifts in the winners and losers underneath the surface, and investors are adding to bets built earlier on what higher tariffs, lower taxes and lighter regulation will mean.
The self-made billionaire was an active philanthropist and donated hundreds of millions of dollars towards healthcare, Jewish causes, and veterans initiatives.
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