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BSCN·2026-04-29 19:01

POWELL TO STAY AS CHAIR IF WARSH NOT CONFIRMED BY MAY 15, KEEPS BOARD OPTIONS OPENJerome Powell told reporters at his FOMC presser today that he will remain as Fed Chair past his May 15 term expiration if Kevin Warsh is not yet confirmed by the Senate, citing legal precedent. The decision on whether to continue as a governor after his Chair term and after the DOJ investigation concludes has not been made.Powell said he has no intention of leaving the board while the recently dropped DOJ investigation into h ...

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