Fed Chair Jerome Powell Confirms He’ll Remain Fed Governor After Chairmanship Ends
2026-04-30
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via Business News India: Latest Business News Today, Share Market, Economy
Jerome Powell said he will continue serving on the Federal Reserve Board even after his term as chair ends on May 15, while keeping a “low profile” as governor. Powell said he will not step down until the ongoing investigation is fully resolved with “transparency and finality.” His remarks came after the U.S. Department of Justice reportedly assured that it would not reopen the investigation unless there is a criminal referral from the Fed’s Inspector General.
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