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Latest Posts by earlybird:

Fed Chair Jerome Powell says he won’t
leave bank until DOJ probe is over
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Posted by earlybird 3/18/2026 8:04:01 PM Post Reply
Federal Reserve Chair Jerome Powell said Wednesday he would not step down as leader of the central bank until his successor is confirmed and would not leave the bank’s board of governors until the Trump administration concludes its criminal investigation. During a Wednesday press conference, Powell confirmed that he would stay on the Fed board as chair pro tempore until the Senate confirms President Trump’s nominee to replace him, following the precedent by several past Fed chiefs. Powell also served a brief stint as acting Fed chair under former President Biden, who renominated him for another four-year term leading the central bank in 2021.