Jerome Powell said Wednesday that he will continue to serve on the board of governors of the Federal Reserve after his chairmanship of the central bank | Economy

Fed Chair Jerome Powell is set to deliver his final press conference as tensions with Trump escalate over interest rates and central bank leadership.

Jerome Powell, the Federal Reserve Chairperson, said on Wednesday April 29, 2026 ‌he will stay on as a central bank governor when his leadership term ends next month. U.S. Federal Reserve...

Jerome Powell will remain at the Fed after his chair term ends, amid ongoing political challenges and hopes for stability.

"Developments in the Middle East are contributing to a high level of uncertainty about the economic outlook," it said.

Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation's central bank at risk. “I…

Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.

Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.

Fedwatchers have been waiting for months to hear whether outgoing Fed Chair Jerome Powell would stay on after his term at the helm of the central bank came to an end on May 15. They got their answer at his final press conference on Wednesday.