Powell says he has 'no intention of leaving' Fed during DOJ investigation

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Federal Reserve Chairman Jerome Powell said he will stay at the central bank until the Department of Justice completes its criminal investigation. Federal Reserve Chairman Jerome Powell said Wednesday he will remain at the central bank while the Department of Justice’s criminal investigation continues. "I have no intention of leaving the board until the investigation is fully resolved with transparency and finality," Powell said, referring to the Federal Reserve Board of Governors, commonly known as the Fed Board. With the probe complicating efforts to confirm his successor, Powell said that if no replacement is in place by the end of his term as chair, he would continue serving as chair pro tempore until one is confirmed. "That is what the law calls for," he said. "That’s what we’ve done on several occasions, including in my own case, and it’s what
Source: For the complete article, please visit the original source link below.