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Powell Stays At Fed

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Powell Stays At Fed

B
Benzinga

1,703 Views • Mar 19, 2026

Description

Fed Chair Jerome Powell said he will stay in his role until a successor is confirmed and won't leave until a DOJ criminal probe into the Fed is resolved. Trump's nominee Kevin Warsh awaits Senate confirmation, which Senator Thom Tillis said won't proceed until the investigation concludes. Powell may serve as chair pro-tem beyond his May term end.