Federal Reserve Chair Jerome Powell announced he intends to remain in his position until the Department of Justice concludes its investigation into related matters with transparency and finality. Powell's term as chair is set to expire on May 15, 2026, but his board membership could extend until 2028. If successor Kevin Warsh is not confirmed by the Senate by May 15, Powell will continue as interim chair. Warsh's confirmation process is also affected by the investigation's progress.
Fed Chair Jerome Powell to Remain Until DOJ Investigation Concludes
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