Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure

Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailFed chair Jerome Powell says he will stay on as Govenor after term amid legal pressureDuring a press conference following the Fed's interest rate decision, Powell said ongoing scrutiny and political tension forced him to stay, despite his plans to step down.By Helene Braun|Edited by Nikhilesh De Apr 29, 2026, 7:17 p.m. 2 min readMake preferred on Federal Reserve Chairman Jerome Powell entering Wednesday's FOMC press conference. (Anna Moneymaker/Getty Images)What to know: Jerome Powell said he will remain on the Federal Reserve Board as a governor after his term as chair ends in May, despite his desire to keep a low profile.Powell said he is staying in part because he fears legal and political attacks are undermining the Fed’s independenc

Source: https://www.coindesk.com/markets/2026/04/29/fed-chair-jerome-powell-says-he-will-stay-on-as-govenor-after-term-amid-legal-pressure