Powell’s Fed Future: Stay on as Governor or Exit as Chair?
TL;DR Summary
Powell’s term as Fed chair ends May 15, 2026, but the question now is whether he’ll stay on as a governor after a DOJ probe into the Fed’s renovation ends; insiders say he’s torn between leaving for a quieter life and guarding the Fed’s independence, with a smooth transition possible if he stays briefly to back incoming chair nominee Kevin Warsh, while Trump’s threats add political pressure.
- Will Jerome Powell stick around at the Fed? Here’s what insiders told us CNN
- Jerome Powell says he will continue to serve as a Fed governor even after chairmanship ends CNBC
- Powell to remain as Fed governor, denying Trump key vacancy Axios
- Powell, whose term as Fed chair is ending, will remain on the board until DOJ probe is over NBC News
- Tillis Sees ‘Rational Basis’ for Powell to Stay at Fed Until Loose Threads Are Tied WSJ
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