Powell Says He Will Stay on as Fed Governor After Term as Chair Ends
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
Last updated: 2026-04-29 19:07:59 ET
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
“I will continue to serve as a governor for a period of time to be determined,” the outgoing Federal Reserve chair said Wednesday.
Bettors on the platform don't think Powell will leave until August. If he stays on until then, he'd attend two more meetings of the FOMC.
The Bank of Canada kept its main interest rate unchanged at 2.25%, and signaled the rate may stay close to that level so long as the economy evolves a...
A Texas man was arrested after repeatedly trying to breach CIA headquarters in Langley, Virginia, over four days despite multiple warnings to stay awa...
Wednesday will likely be a momentous day for the future of the Federal Reserve as Chair Jerome Powell could signal he will stay with the Fed even as a...
OpenAI, Anthropic and Meta Platforms are just a few of the companies relying on Amazon for support.
The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely...
Trump STAYS SEATED As Shots Ring Out at WHCD
Airline CEOs are already signaling they plan to keep ticket prices elevated -- even if their biggest cost starts to ease.
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE