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Powell Says He'll Stay on as Governor After Term as Chair Ends

By Bloomberg Markets and Finance April 29, 2026 Neutral
Powell Says He'll Stay on as Governor After Term as Chair Ends
Federal Reserve Chair Jerome Powell said he'll remain at the central bank as a governor after his term as chair ends. While Powell's term as Fed chair ends on May 15, his seat on the Board of Governors doesn't expire until 2028.
Federal Reserve Chair Jerome Powell said he'll remain at the central bank as a governor after his term as chair ends. While Powell's term as Fed chair ends on May 15, his seat on the Board of Governors doesn't expire until 2028.