Powell to Lead Fed Through Confirmation of Replacement
TL;DR Summary
Powell will remain Fed chair until a Senate-confirmed replacement is in place and could stay on the Fed Board through 2028 if needed, while the DOJ investigation into the Fed's headquarters renovations continues; Warsh’s confirmation faces delays, leaving the leadership transition unresolved as the Fed holds rates steady.
- Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed The New York Times
- Fed Chair Powell: I’ll stay at the Fed until Jeanine Pirro’s probe is ‘well and truly over’ CNN
- Fed Meeting Today: Powell Is Watching Iran and Will Stay Until Successor Is Confirmed Barron's
- Fed's Powell confirms Trump is stuck with him until DOJ probe is 'well and truly' over Reuters
- Fed keeps rates on hold, Powell says he will remain in place until successor confirmed Axios
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